HOW TO MAKE JOURNAL ENTRY OF LOAN IN ACCOUNTING Loan is a liability for business hence f has to pay . It is accounting entry…
ISSUE OF SHARES AND TYPES OF SHARE CAPITAL ISSUE OF SHARES A company needs money to start a business. IF A person wants to start…
WHAT IS COMPANY ACCOUNTS BASIC CONCEPT (ACCOUNTING FOR SHARE) If a business is started as a business under such conditions company accounts need to be…
Journal Entry of fixed deposit in Accounting Journal Entry of fixed deposit in Accounting What are fixed deposit . When a fixed amount of money…
Journal Entry of Interest on capital and Interest on Drawing in Accounting
Journal Entry of Goods loss by fire in Accounting Goods are Nominal by nature. When goods are lost by fire it means we have to…
Journal Entry of Exchange of Fixed Assets in Accounting Fixed Assets are treated as Real Accounts in Accounting therefore When Fixed Assets are purchased they…
Journal Entry of Outstanding salary and Prepaid Salary In Accounting for more go to our blog Outstanding expense Journal Entry of Salary outstanding expense Salary…
Journal entry of Advance received from Customer and advance paid to Supplier Advance received form Customer When Advance received from customers that is current liabilities…
A prepaid expense is an expense that is paid in advance and its benefits is yet to received.