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journal entry

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50 Points Posted on 30 October 2018
provision for closing stock of the firm
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On 30 October 2018 at 09:57 Report
Replies (8)
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teaching
2046 Points Posted on 30 October 2018
entry for stock reserve is
profit and loss A/c. Dr.
To provision for closing stock
7 Reply
On 30 October 2018 at 10:01
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119 Points Posted on 30 October 2018
Why we need to make provision?
Valuation itself at cost or NRV which ever is less only
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On 30 October 2018 at 10:04
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teaching
2046 Points Posted on 30 October 2018
if unrealized profit existed under closing stock, then adjustment entry requires.
this kind of situations may arise, when inter departmental or inter branch transfer of goods
7 Reply
On 30 October 2018 at 11:02
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service
24 Points Posted on 11 December 2018
sir if we pay or receive advance rent for 3 month 15000( 5000pm), what is journal entry and adjestmet .
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On 11 December 2018 at 21:51
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teaching
2046 Points Posted on 11 December 2018
bank a/c. Dr.
to rent received in advance a/c
7 Reply
On 11 December 2018 at 21:54
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service
24 Points Posted on 11 December 2018
sir adjustment entry
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On 11 December 2018 at 21:56
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teaching
2046 Points Posted on 11 December 2018
can you elaborate your query???
7 Reply
On 11 December 2018 at 22:05
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2 Points Posted on 11 November 2020
How to calculate the depriciation of assests with repair
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On 11 November 2020 at 15:44


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