Hello there all: can anyone kindly send me the complete accounting procedures including financial statements and all kind of adjusting entries e.i. from starting to ending full process how to make complete set of accounts. thanks.
Final accounts consists of trading a/c, P&L a/c and balance sheet. All the amounts from trial balance are taken to prepare these accounts. In Trading a/c all the transactions which are related to a ...
First inform to the customer regarding that payment received status. After the adjust all the invoices and provide the updated SOA to the customer . If any disputes pass the receipt entry or adjust the invoices details means check with related team and pass the rectify entry.
mohamed
Apr 1st, 2018
After Receiving Payment from Customer, What is next step till finalization?
Fictitious assets means any expendicture, the benefits which will be spread over a period of time not only to the current period. Any expendicture we made for huge advertisements resulted for a period of time. hence its is classifying as fictitious asset.