What does mean is Profit & Loss Account Shows Debit Balance in
Trail Balance ?
Answer Posted / vimal
Debit Balance in trial balance is nothing but Loss for a company
| Is This Answer Correct ? | 32 Yes | 9 No |
Post New Answer View All Answers
When Iam entering sales in Tally ERP 9, It Is not reflecting in the stock, Why itt is happends like this ? I entered sales with delivery note Number, So think that is because it is not reflecting in Stocks, and when iam checking in the stocks its saying negative stock
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?
are tpt, freight & packing charges part of sales & purchase ??
When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?
What GP resew of balance sheet taking.
Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?
What is the importance of accounting standards?
if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?
how to enter the tender refund amount in tally ?
What is the difference between a provisions and reserves?
Explain what a deferred asset is and give an example?