Answer Posted / giri
Neither Asset nor Liability..its an income.(income includes
losses)
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What is the diffrent job&project accounting?
Is the shadow balance present in bank account always credited or bank may reverse it as well?
Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?
entry for cash received from debtors
IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?
By saying, perpetual or periodic inventory system; what do we mean?
What is accounting transaction?
Why is it necessary to prepare Asset Disposal Account?
How can you explain the basic accounting equation?
What is project implementation?
What is account receivable?
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
Productive Investment is Working Capital. Is it correct?
Who uses accounting?
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
