Answer Posted / narendra

salary ..................dr
to salary out standing a/c.
(being salary due)

while payment.
salary outstanding a/c......dr
to bank a/c.
(being payment made clear.)

Do you possess any knowledge about accounting standards?

1020

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What is the purpose of a balance sheet?

1253

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input vat, wht use in wct

2058

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You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

1486

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1436

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3637

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Tell me an example of a tough decision that you had to make?

1026

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1020

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3130

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2156

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What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?

2068

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Explain accounting 101?

1065

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if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me

1783

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PRELIMINARY EXPENSES INCURRED IN THE YEAR OCTOBER 2012 MONTH 5LAKS WHICH ACCOUNTED IN ASSET SIDE AS ''PRELIMINARY EXPENSES''... IN YEAR END MARCH 2013, IN 5LAKS HOW MUCH AMOUNT SHOULD TAKE FOR PRELIMINARY EXPENSES WRITTEN OFF..?

1839

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Tell me how can you explain the basic accounting equation?

1009

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