What is the prior period item ? and please give some
examples with entries and that account head come under
which ledger(creation of ledger)

Answer Posted / r sumitra

prior period item are those which arise after the
incorporation but the receipt of certificate of commencement

Is This Answer Correct ?    0 Yes 8 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.

911


what are the voucher entries in tally for medical insurance

1861


Tell us what is a cpa?

543


What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?

2175


What is corporate assesses?

1955






What is the marginal cost formula?

622


the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?

2488


under which ledger should i make opening work in progess and closing work in progress

1611


"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

1623


What are time sheets?

646


I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

1561


what is the basic difference between pooling of interest method and purchase method in amalgamation

3197


what is cost center & cost categories in tally

1869


Tell me about an invoice discrepancy you discovered and how you resolved it

654


sir i want know how to fill vat return

1627