GeekInterview.com
  I am new, Sign me up!
 
GeekInterview.com  >  Interview Questions  >  Accounting  >  General Ledger
Go To First  |  Previous Question  |  Next Question 
 General Ledger  |  Question 39 of 55    Print  
What is the procedure for creation of Retained earnings account in different COA?

  
Total Answers and Comments: 1 Last Update: January 17, 2008     Asked by: Madhavi 
  
 Sponsored Links

 
 Best Rated Answer

No best answer available. Please pick the good answer available or submit your answer.
January 17, 2008 16:54:33   #1  
gmril Member Since: January 2008   Contribution: 2    

RE: What is the procedure for creation of Retained earnings account in different COA?

t/code ob53 give COA and then type X or Y in pl account head and then give the account number in the acoount head.... this u can create prior to the creation of the account group reserve and surplus as well as after creating the account group .....


 
Is this answer useful? Yes | No

 Related Questions

Latest Answer : this testing proses is down is phase realisation phase and in finalisation phaseusally we do 3 kinds of testingunit testing-with in module eg gl postingbusiness scenario testing-with ina module eg app, adp and intrest calculationintegration testing-with ...
Read Answers (2) | Asked by : bmahathma

How do you record retained earnings when you sold company (assets only), for closing of books that sold?
Read Answers (2) | Asked by : tina sterling

What is an account assignment model & where is it used? What are the transaction codes for Account Assignment Model?
Read Answers (2) | Asked by : Debojit Dey

Latest Answer : t/code ob53, give COA and then type X or Y in pl account head and then give the account number in the acoount head.... this u can create prior to the creation of the account group reserve and surplus as well as after creating the account group ..... ...
Read Answers (1) | Asked by : Madhavi

What is the effect of not reconciling the expense accounts?If there is a credit adjustment in the expense account with no supporting documentations, what is the financial statement impact?
Read Answers (2) | Asked by : Patrice

As a sole trader you require a vehicle to trade and decide to lease the vehicle rather than purchase it, how would you account for it in the company accounts and what nominal would you use? 
Latest Answer : Vechicle a/c dr-FATo lease agreement a/c-Liabilitie lease a/cdr-indirect expTo cash/Bank-current assetsexpense off the payment of lease from th p&l a/c ...

Hi Friends,I have a problem with suspense account. I been working for some organization and they have been getting this suspense account error since 2003. But its a big organization and they didn't 
Latest Answer : Generally the suspense Accounts are temporary and are used to park the amounts.1. Therotically suspense account is used if there is any disagreement in trial balance.2. Suspense accounts are used for making the payments on online. ...
Read Answers (7) | Asked by : kv040


 Sponsored Links

 
Related Articles

How ERP Improves General Ledger Capacity

How ERP Improves General Ledger Capacity Flexibility quickness and efficiency are the pillars and needs of the modern organization In order to fulfill all the requirements that the market imposes ERP has become an useful utility The general ledger tasks are nowadays one of the most important activit
 

The Interview Snafu

How to turn someone else’s mistake to your advantage Your dream job is about to become reality. A recruiter gave you the heads up about the perfect position at Humungous Conglomerate, Inc. You went through five interviews as well as a battery of psychological tests mandated by their HR de
 

Winning a Job Interview with a Winning Resume

Does your resume unlock your potential, take your skills to the highest level and win you the interview and the job you want now? The job market today is highly competitive and even if you think you have what it takes to get an interview you won’t get over the line without a polished, prof
 

XML Remote Calling Procedure

XML Remote Calling Procedure XML RPC or the XML Remote Calling Procedure is a set of compilations and implementations which allow certain programs to run on complex platforms or operating systems and allows them to make Remote Procedure calls on the Internet The Remote Procedure Calling Protocol use
 

Importance of Proper English during Job Interview

Importance of Proper English during Job Interview Your job interview is crucially important and it will determine whether or not you will get the job Depending on the type of job you re going for it is very important for you to use proper English In most cases jobs which offer higher salaries will h
 

CSS3 Links Creation and Usage

CSS3  Links Creation and Usage Links are very vital for any web page to navigate through the site and so is also with CSS3 In CSS3 it is possible to handle links even more powerful and effectively as it is possible to handle various states of links which are link visited hover and active s
 

Procedure for getting Scholarships

Procedure for getting Scholarships If you have done a bit of research you are probably well aware of the fact that there is a great deal of money available for scholarships Having said that it is sad to see that so many students graduate from college with lots of students loans when they could have
 

HR Interview - HR Interview Mistakes You Will Want To Avoid

HR Interview Mistakes You Will Want To Avoid The job interview can be a stressful process This is especially true for those who are going after a competitive position Your nonverbal communication combined with the answers you give during the interview will determine if you are hired mosgoogle While
 

HR Interview - Behavioral HR Interviews

Behavioral HR Interviews As the name implies a behavioral interview is an interview that is held by a human resources department to determine if an applicant has the behaviors that are appropriate for a job The company must know how an applicant will behave in a certain situations mosgoogle The logi
 

HR Interview - How To Prepare For Your HR Interview

How To Prepare For Your HR Interview Before you begin thinking about how you are going to dress for the interview it is important to do your research first You should learn everything you can about the company you wish to work for When you have detailed information about your employer you will conve
 

About Us -  Privacy Policy -  Terms and Conditions -  Contact -  Ask Question -  Propose Category -  Site Updates 

Copyright © 2005 - 2009 GeekInterview.com. All Rights Reserved

Page copy protected against web site content infringement by Copyscape