Journal entry
This query is : Resolved
appala naidu
(Querist)
30 July 2011
Dear All,
what is the entry for work inprograss. i want details explanation for the entry. if it the entry is passed where it should be affected Bal sheet and p&l ac
what is the entry for work inprograss. i want details explanation for the entry. if it the entry is passed where it should be affected Bal sheet and p&l ac
CMA Ramesh Krishnan
(Expert)
30 July 2011
work in progress entry
Dr:Work in progress( Balance sheet)
Cr: Profit & Loss a/c
which will effect the credit side of the p&l and increase the profit and debit balance in stock (Workin progress) as asset side
Dr:Work in progress( Balance sheet)
Cr: Profit & Loss a/c
which will effect the credit side of the p&l and increase the profit and debit balance in stock (Workin progress) as asset side
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Reward for festival
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- RCM and same line
- TDS Return Statement Status
- 18% Rent a cab
- ARCA LOGIN
- Closer of business and itc of capital goods
- Rectification under processing even after 6 months cpc portal
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
