Answer Posted / andrew kyambadde

A trial balance is a statement. it can detect errors in case
of say an arithmetic Error, or a double entry Error but it
may not detect the following Errors.

Error of omission
Error of commision
Error of principal
Error of complete reversal.
Errors of original Entry
Errors of compensation.

what is mean by provision ? give me examples ..

2054

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capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

2237

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what is meant by qurum

2454

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what is the script forms standard text in fico

2701

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Expand DEHM

1891

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Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

1955

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what is purchase consideration? How does it come about and how is it treated in the books?

2449

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what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?

2021

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what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4534

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If its is declared by auditor that business is not going concern that what journal entry will be pass?

1847

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which are company offering jobs in PORTFOLIO MANAGEMENT ?

2207

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Explain about Fixed capital

2001

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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1855

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what is cnc machine hour rate? how it is calculated?

5031

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how to make a project accounting in tally erp9 ?

6748

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