Answer Posted / rohtash bhardwaj
laibilities related for due course but provision creates
for future liability
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
pls let me know double entry of 'LEASING"
Define partitioning in accounting?
How new/innavtive assets are to be treated under IFRS?
What are mis reports?
How to make a entry in tally for Land & Building Purchased for RS.1,65,00,000/-(Total Consideration)Paid Installment wise as 30 lakh,10 lakh,20 lakh & 1,30,87,500
what is the entry of credit card received excess amount entry in tally and their under group names
I want to know the Payroll Accounting Questions
Explain me bills receivable?
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
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?
I am working in govt. sec. How to make journal entry in books for Fix Deposit
what is difference among credit, loan, advance
Tell me what is gaap?
In which term & condition excise invoice raises & for what excise invoice raise?