Trade Payable- Bills payable and sundry creditors Sales and Revenue Profit and Gain- Profit on sale of assets such as land, building, or PPE. Reserves- These include accumulated Depreciation reserve, General reserve, Securities Premium, etc. How to view Trial balance is tally ERP 9? Step 1:...
IBM today is a very different enterprise than it was just a few years ago. Our business model has been quietly but substantially reshaped to capitalize on the most promising growth and profit opportunities in the market. Even more important for the long term, our operations and culture are ...
Provision is reserve for known loss will happens in future. If reserve is for unknown loss then it become general reserveBad debt A/c dr To provision for debt.( bad debt is an indirect expen so it will debit to p&l A/c and provision will shown as liability in balance sheet. When t...