Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ajaz ahmad bhat
Trading a/c is the a/c which only relates trade items purchases, sales, and expenses during the trading period but profit and loss a/c shown the all expenses whether direct or indirect and after we will give the output of result of net profit or net loss and transferred the balance sheet.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
What are the steps involved in project implementation?
Explain the Invoice verification process
My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.
under which ledger should i make opening work in progess and closing work in progress
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
what is payment written
What accounts are to be debited and credited in this case o
what is apply SI post
what is the procedure to appoint an Austrlian citzen as indian company director...
Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.
under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent
What are the different types of gst?
If a promoter has purchased an asset on behalf of the company before the incorporation of the same then what will be the accounting treatment to record the asset in the books of company
What is compound journal entry?
