Answer Posted / srikanthreddy.a
Suspense accounts is account The difference in the trial balance put temporally in the suspense account till it's rectified
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
how to calculate forefeiture of share when over subcription
Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
Can i put opening stock in new company during closing time
what is one way , two way matching , three way , four way matching ?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
Tell me how you can adjust entries into account?
how to upload ledgers in excel or word document
Which steps in Procurement to Pay process does FI documents get created.
Compare financial accounting and cost accounting.
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
What is the difference between personal account real account and nominal account?
Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?
What is use of statistics in accounting?
Revenue Expenditure