Answer / rajendra

Spin off is creating new company by selling or distributing
the shares of existing company

Answer / sankar

Spin off is nothing but forming a new company by existing
company

X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800

1 Answers  

---

what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

1 Answers  

---

What do you mean by ledger posting?

0 Answers  

---

What is the mean of capital in account

5 Answers   Syntel,

---

What steps would you take before approving an invoice for payment?

0 Answers  

---

WHAT IS FORM 'H".AND WE CAN USE THAT FROM 'H'

2 Answers  

---

My company has taken a car loan from HDFC Bank, Assume 7.5 lacs. but it disbursed after deducted adv emi. how to pass the jv for that . Plz pass the entry

6 Answers   ABC,

---

How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

2 Answers  

---

8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

0 Answers  

---

Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

2 Answers  

---

what is basic general accounting.

2 Answers   Helios Pharmaceuticals,

---

SAP FICO Career Scope in India 2025: Opportunities, Growth & Skills You Need

1 Answers  

---