Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is suspense account?

Answer Posted / ashwini

the difference in trial balance is transferred to a newly opened temporary account which is closed later when the errors are located and rectified.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.

1743


what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?

3282


what is profit maximisation

2110


what is the last date of deposit TDS on liability for the assessment year 2010-11

2088


Accounting Questions

5963


Tell me what is accrual accounting?

3894


My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.

1945


record the following transaction in the various books of accounts F Black loan us $5000 paid by cheque.

3611


Sales tax waybill is required for how much value of invoice (for example we raise Rs.1000 bill is waybill required in andhra pradesh)

2402


saji become insolvant -what is journal entry

1849


Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2912


How the Depreciation will calculate in Company?

2242


How many accounting standards are currently published?

1174


Scope and nature of Accounting

2124


what is profit and loss(dr) in cash flow statement?

2107