Interested to Buy Any Domain ? << Click Here >> for more details...
what is difference between trail balance and balance sheet
- 2 Answers
- 5895 Views
- MC Packaging, Wipro, I also Faced
- E-Mail Answers
Answer Posted / arja
Statement of debit and credit balances were taken from general ledger is known as Trial Balance. Statement of assets and equity & liabilities is known as Balance Sheet. ... Trial Balance is prepared after posting into ledger whereas Balance Sheet is prepared after the preparation of Trading and Profit & Loss Account.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Who created snapit accounting?
Capital reserve is - a) real account b) nominal account c) personal account d) none of them
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
Tell me what would you say are the most important qualities of an account manager?
X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800
Tell me about a situation where you showed determination?
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.
What is liabilities and what all does include in current liabilities?
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
I want to know the Payroll Accounting Questions
consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000
what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software
what single discount is to2 successive discount of 10%& 15%
Define tally accounting
Do you use social media to identify prospects?
