Interested to Buy Any Domain ? << Click Here >> for more details...
Baddebts can charged to opening balance having credit
balance?
- 3 Answers
- 4978 Views
- I also Faced
- E-Mail Answers
Answer Posted / venkat
No, should be deducted from the Capital which is on the liabilities side of the balance sheet.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
What do you mean by gaap in accounting?
What is the equation for acid-test ratio in accounting?
how many types excise audits and when they are applicable to firm
As you know any other accounting application?
Define balancing in accounting?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
At the time of death of a partner, firm gets ________ from the insurance company against the Joint Life Policy taken jointly for all the partners. (a) Policy Amount. (b) Surrender Value. (c) Policy Value for the dead partner and Surrender Value for the rest. (d) Surrender Value for all the partners.
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
Do you use social media to identify prospects?
What GP resew of balance sheet taking.
Differentiate between consignor and consignee?
Do you know executive accounting?
Tell me what is the equation for acid-test ratio in accounting?
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
Explain what is bank reconciliation?
