Posts Tagged ‘Accounts’
Liquid Accounts – Cloud Accounting
Liquid Accounts is one of the pioneers of the new online accounting software industry.
Accounting Software – Segmented Nominal Accounts Plugin
This plugin allows you to filter easily any group of segments (departments, cost centres, locations etc) or any combination of segments. This allows easy financial reporting using multiple segments.
Month-end Accounting Close & The Chart of Accounts
This is a discussion between two accountants regarding the inefficiency of their chart of accounts and its effect on the monthly Accounting-close process. Call us for a free consultation on your chart of accounts at GL Associates www.glassoc.com (888) 452-6363
Accounts payable, Payroll, General Ledgers, and Budgets tests?
I recently went in for an interview at a Temp agency. They had me take a test I have never seen in my entire life. It was about Accounts Payable/Receivable and so forth. Ofcoarse I bombed it. I am wondering if someone knows where I can find a free test like this on the internet to sharpen my skills? It was multiple choice and it just asked about 30 to 50 questions about accouting. Thanks
Design Chart of Accounts
How to Design Chart of Accounts
Are the Sales Discounts account and Cost of Merchandise Sold accounts total in the debit or credit colunmns?
In the general ledger, do these accounts have their totals in the debit column or the credit column? Thanks for any help!
where can i get the Accounts Payable Certification course?
I am living in Chennai (Tamilnadu, India). I have an experience in Accounts Payable and i would like to do some courses on accounts payable through online.
Please advice in India who is providing the certification courses like Accounts Payable, Receivable and General Ledger.
A ledger that list all accounts needed to prepare financial statement is called a(n)..?
A. balance sheet
B. general ledger
C. income summary
D. special amount column ledger
In recording the selected transactions and adjustments, indicate the titles of the general ledger accounts to?
A.Accounts Payable
B.Accounts Receivable
C.Allowance for Doubtful Accounts
D.Cash
E.Interest Expêns
F.Interest Revenue
G.Interest Payable
H.Interest Receivable
I.Misc. Administrative Expense
J.Notes Payable
K.Notes Receivable
L.Bad Debt Expense
Example: 0.Received the final payment on a promissory note
Dr D
Cr K, F
1-2.Recorded the adjusting entry for estimated uncollectible accounts
at the end of the fiscal period, based upon the allowance method
3-4.Wrote off the account of the bankrupt debtor (included in Allowance for Doubtful Accounts provision had been made in Question 1-2)
5-8.Recovered the bad debt written off in Question 3-4
9-10.Replaced a customer’s account receivable with a note receivable
How to combine accounts in MYOB
Since 2006 MYOB has allowed for combining general ledger accounts. This is an alternative option to deleting the account and will retain historical information. This video was developed by www.aniseconsulting.com.