Answer Posted / aftab
You can have as many accounts head as you need according to the nature of your organisation but you need at least five minimum heads of accounts,
1-Assets A/c 2-Expense A/C 3-Liabilities A/C 4-Income A/C 5-Capital A/C
Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
What a deferred asset is and give an example?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
purchase plant and machinery
what is a difference between public and private accounting?
WHAT IS THE VAT/CST RATE FOR PURCHASING COMPUTER/PHERIPHERALS FROM GUJARAT AGAINST C FORM, FOR DIU (UNION TERRITORY) AND WHAT RATE OF VAT/CST I HAVE TO PAY IN DIU FOR SALE.
Tell me what is ledger?
Tell us what is icai?
What is the use of form D in sale tax
how calculate intrest on advance tax ? and penalty on vat?
what are your current financial and accounting projects? What is your role?
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
what are the main important accounting entries for AP and AR ...
on what rate depreciation will be calculated?
Why did you select accounting as your profession?
a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?