Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / p. fayaz ahamad
profit or loss it should be transferred to the liabilities side of the balance sheet and it is deducted from the capital as less net loss
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-
What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
pass journal entry for Prepaid insurance
Tell me the stages of double entry system?
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
what is profit and loss(dr) in cash flow statement?
if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry
salary and rent entry with tds deduct
I want to know the Payroll Accounting Questions
how to deduct tds on income from other sources with examples
What are negative postings?What are Credit memos ?Payment Requests ?
if you are a hard working nature conclude your self?
what is difference between budgeting and Forecasting
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
Recent banking question for 2015 interview for scale2 exam of sbm
