0
WikiAnswers will provide the information to brake the rules of RuneScape.
The basic way is to have someone you trust.
If you suspect scammery just say "If i were you i would choose to scam so why wouldn't you?"
And always remember to only do this at a need to know basis don't tell all your friends.
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
What is the entry for commission received in the trading profit and loss account?
Commission received will appear on the credit
How do you Journalese the accounts payable?
Accounts Payable means Creditors. When we purchase or take any services then we book the following entry. Purchase A/C (Any good or any Assests)............Dr Party Account...................Cr The first entry hits in Trading account or Assets account The second entry hits in Balance sheet under the head Accounts Payable.
What is the difference between accounts only and accounts with inventory in tally?
account only particular ledger ,account with inventory deals with item and groups of item In account only we cannot deals with stock entry ,But in accounts with inventory we can deal with stock entry . Account only deals with firm.But Accounts with inventory deals with manufacturing and trading.
What is a double entry account?
Contra entry
What is a single entry in account?
single entry means cash entry
What is owner's current account and it's accounting entry?
owners current account is called a personal account and it has a credit entry
Why is closing stock written at credit side in trading account?
Closing stock or as it is also named as closing inventory is definitely an asset. But trading account is not the same as Inventory account. Inventory, being an asset, should have a debit balance in Inventory account. Trading account is a distinct account and both must not be mixed up together.The answer to the question "why closing stock is written on the credit side of the trading account" lies in understanding two points:First, Cost of sales must be matched up with current year's revenue and as the inventory at the end of the period has not been sold and thus should not be accounted against sales revenue, therefore it must be deducted from cost of sales. That is the conceptual reason why we deduct closing stock from the total of opening inventory and purchases.Second, in order to account for the inventory at the year end in the trading account, closing entry is passed and due to this closing entry closing stock appears at the credit side of trading account. This is the accounting reasonfor having it on the credit side. The closing entry is as follows:Debit: Inventory accountCredit: Trading accountInventory account is debited as inventory is still with the entity at the end of the period and is an asset so asset will be raised by debiting the inventory account.Students must understand that at the end of the period this asset is raised because usually it is not known how much stock is still with the entity until stock count and it was all treated as part of cost of sales i.e. trading expense against this period sales.But as it has not been traded that's why trading accounting in which cost of sales has been recorded it will be credited to give the correct information of the total inventory consumed in making current period's sales which is Opening Inventory + Purchases - Closing Inventory.
Can GE stock be bought online?
Yes. If you have an online trading account, you can Logon to your online trading account and buy it.
What is an entry for bounced cheque?
Bounced cheque entry is the reversal of original entry of cheque deposit as follows: [Debit] Cash account [Credit] Bank account
What is a commodity trading account for?
A commodity trading account is needed to trade commodities. One can use a commodity brokerage also, which would assist in the trading or purchasing of commodities.
What is tarde account?
What Does Trading Account Mean?1. An account similar to a traditional bank account, holding cash and securities, and is administered by an investment dealer.2. An account held at a financial institution and administered by an investment dealer that the account holder uses to employ a trading strategy rather than a buy-and-hold investment strategy.Investopedia explains Trading Account1. Though trading accounts are traditionally thought to hold only stocks, a trading account can hold cash, foreign cash, securities and a number of other types of investments.2. Investors who use a number of trading strategies or have a number of brokerage accounts may separate their accounts in order to avoid confusion. One account may be a registered account for their retirement savings; another account may be a buy-and-hold account for their long-term stocks; another may be a margin account; and another may be a trading account used for conducting day-trading activities.
What were the methods of trading in the early civilization?
barter economy
