Interested to Buy Any Domain ? << Click Here >> for more details...
why don't we take cash and bank accounts into realisation
a/c
- 4 Answers
- 16001 Views
- I also Faced
- E-Mail Answers
Answer Posted / pradip kumar singh
A REALISATION Account is prepared on the dissolution of a
partnership firm.This account is prepared to find out the
profit or los on scale of assets and reypament of
liabilies..Cash and bank balance are not tranferred to
realisation account...coz only those assets which can be
converted into cash are transferred....cash and bank balance
are recorded seperately in cash or bank account..
| Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
What is the purpose of a balance sheet?
what is gl a/c? & why is it maintain
what is differnce between balance sheet of a bank & a company
In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?
What is bad debt expense?
Explain how you can adjust entries into account?
Does anybody know anything about BirlaSoft? I got a job offer, they sent me a contract to sign and return, but thank God they didn't ask for any money! But, they said they would send me a check in the mail. And as my first "task" I would have to use that check to order a bunch of accounting software, and I would need to purchase this software ONLY from the vendors that THEY provide. Is this a scam to just get money? I'm wondering if they "own" the vendor they "work" with and launder money that way. I asked the person who was getting my information, as far as my name and address to send the check to, Why would I have to buy software to install in my home computer anyway? Couldn't they just send me a link for the software to download? I'm afraid of the check being fake. Because, if I deposit the check into my checking account and it turns out to be fake, then I'll owe the bank all that money! Hope to hear from someone soon. Thanks.
Tell us what do you believe should be an important quality of an account executive?
HOW WE MADE ENTRY OF SURCHARGE ON VAT PURCHASE IN PUNJAB
informance about performance is disclosed by
What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.
What are the effects of international accounting standards on accounting practices of developing nations?
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
Can anybody tell me the steps involved in Budgeting / Forecasting generally..?. Hints would be appreciated highly.
what is retention? how caculate on asset
