![]() |
| Home | Tech FAQ | Interview Questions | Placement Papers | Tech Articles | Learn | Freelance Projects | Online Testing | Geeks Talk | Job Postings | Knowledge Base | Site Search | Add/Ask Question |
![]() Related Questions Latest Answer : Personal accounts are those accounts which represents any person, artificaial person or they have their own entity like, bank, any authority orany person, real accounts are thiose account which counts all asstes of a firm like furniture and cash etc. ... Latest Answer : in business transactions which is a recent transaction .it is call dormat account ... Latest Answer : Hi Sagar
Your question is very good, in my opinion answer is Liabilities are credit and assets are debit side(Right Side), In Indian Accounting rules the performa is this. But US and UK use Assets on left side and liabilities in right. You can also ... Latest Answer : An Inactive Account is A brokerage account in which few transactions take place. Some brokerage firms levy a fee on accounts in which securities are deposited but no activity occurs during a specified time.A Dormant Account is a savings account showing ... Latest Answer : bank reconciliation statement means uncleared deposited & issued cheques. ... Read Answers (4) | Asked by : Devraj urs M R Latest Answer : If an amount incurred or accounted or paid to establish over a period of time of the business or for the business, these kind of accounts are treated as deferred account.Eg., An advertisement expenses incurred by an organisation etc., ... Read Answers (4) | Asked by : Atef Mikhael Why in the interview of accounts by a CA a candidate is asked that whether he knows to make the Reconciliation Statement? View Question | Asked by : asha s nair If i have paid for something why cant i expense the entire amount on the income statement?why do we need to make an adjustment to the insurance policy at the end of the year? wouldn't it have easier to record the entire balance as an expense in November when the policy was ?purchased?why do I need to take an inventory count of my supplies at the end of the year?If I receive the Hydro bill on August 5th, why don't we record the transaction for the next fiscal period rather then include Read Answers (1) | Asked by : Nick What Account is Salary outstanding? Is it real, personnel or nominal account? Latest Answer : Outstanding Salary A/c is a Representative Personal Account as it represents a group of people to whom some amount of salary is payable. Similarly other outstanding and prepaid expenses also fall under the category of representative personal accounts. ... Read Answers (3) | Asked by : Sajith
Sponsored Links
| |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||