what is the accounting period ?
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Answer / madhuri.b
the account year is april 1st to 31st of march
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / murshid
every company maintains his own account,for one year
like 31/3/00 to 1/4/01. this means financial period
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / kamlesh mehra
duration or the period between 1st April(current year) to 31st Mar(next year)is called accounting period..
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Answer / jayashree.a
Accounting period is generally jan-dec of every year.
| Is This Answer Correct ? | 5 Yes | 28 No |
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
what is mean by traditional accounting ?
EXPAND_________UAPA
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Expand C M P F
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Which Entries comes in Receipts & which entries in Payments,any payment & Income is received through cheque that entries will appear in it or we have to pass it in journal.
what Bank Reconcilation ?
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