Answer Posted / abhinav ratna
Accounting is art of recording classifing and summarising
of the financial records and interpreting the results
thereof. it provides the quantative information primarily
financial in nature about the economic entities activity.
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
What do you mean by Bill of Exchnage.How to manage ? Explain
What does the word credit mean in terms of accounting?
we can transfer stock between two firms with same name but prop. is different.
If closing stock is given in adjustments, how we show in tally 9.0 ?
What are the criteria for accounting job?
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
what will be the entry for inventory
What is the provision? What is the entry for provision?
what is gl a/c? & why is it maintain
Tell me how you can adjust entries into account?
when dissoluction of firm why investment flchuationfund subtrect from book value
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Tell me what is the general classification of accounts that usually ledger account involve?