What is the difference between Target and Budget?

2 Answers   Al Rashed,

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Entry of vehicle loan paid some margin money and other amount financed by bank and repayment of bank loan?

1 Answers  

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what is meant by bank OD A/c?

3 Answers   Sahara,

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IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?

2 Answers   FCI, Genpact,

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What is the entry to be passed on receiving the tds certificate in the books of the deductee?

0 Answers   Muthoot Group,

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Explain what is balance sheet?

0 Answers  

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Provident Fund a/c will comes under which account Personal, Real or Nominal A/c

1 Answers   Cargill,

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what is Inward & outward remittances

1 Answers   ABC,

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Mention in simple terms what is the difference between asset, equity, and liabilities?

0 Answers  

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My question is on Opening & Closing Stock Suppose Closing stock of 2014-15 is Rs 30 lakhs & Also we filed return & ROC too for 2014-15. Opening stock for 2015-16 should be Rs 30 lakhs but we found that some purchase for feb & March 2015 Stock has been entered in tally Its taken directly to purchase split of stock not made & in sales to same of 2 lakhs no split of stock is shown. Those stock need to make changes in 2015-16 what was the process ? And what will be adjustment entry ?

0 Answers  

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

0 Answers  

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Define overhead in terms of accounting?

0 Answers  

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