Answer Posted / sachin h d
1. Errors of Omission
2. Errors of Commission
3. Errors of Principle
4. Compensating Errors
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What would be journal entry for--Encashed a bank draft belonging to X? Ans as given in textbook is Bank account debit to Cash account credit.......But shouldnt it be Cash account debit to Bank account credit...Wat do u guys feel??And do explain ur answers..Thnx in advance
Tell us what is the abbreviation for the accounting terms debit and credit?
service tax calculated on agreement value or market value whichver is higher for builders?
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry
sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
What is accounting chart of accounts?
Tell me what steps would you take to increase revenue for this company?
i want to know f form and how to use and how can purchase
Where the financial accounting fails the cost accounting for is rescue but still there are some limitations deficiencies in the system?
what is profit and loss(dr) in cash flow statement?
Explain which accounting application you prefer most and why?