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Assume we had given tour advance to party how to treat entry and which head have to given expenditure?
Ans) Cash/Bank a/c DR
To Party(name)a/c (Advance Paid For Tour)
define accounting. Explain the accounting concepts which guide the accountant at the recording stage.
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Cooperton Mining just announced it will cut its dividend from $4 to $2.50 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expecte
how bookkeeping differ from accounting
A user buys a new transponder for $20. What debit and credit entries would need to be made?
my unadjusted balance is not the same under credits and debits? And I can''t figure what went wrong.
Can you give me a more simple definition of Mutual Confidence and give me an example of a situation of it
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