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A firm pays commission to its manager @10%on profits arrived at after charging such commission.What will be the amount of commission if the profits before charging such commission is Rupee 22,000?
2 4298when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
1953in accounting process there is summerizing. what is sumarizing? and an relevant example of summarizing?
3 7100My Books of Accounts started from January 2013, I have opening Bank Balance Rs.1000/- Owner says this amount paid by one client in December 2012 appear in bank statement What is Accounting entry for the Accounting 2013 ?
ABC,
1 4656Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
2672Post New Accounting General Questions
Do you know overhead in terms of accounting?
give 3 reasons why capital is referred to as a special liability
Tell me what happens to company's “cash account” if it borrows money from the bank by signing a note payable?
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
What is Normal Loss? and What is the reason for Debiting such Loss in P&L account and also Crediting in Trading Account? and how the Loss should be accounted?
Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?
CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT
What are assets minus liabilities?
There are two Business areas 1100 and 1200. I need to pick 1200 b.areaonly While enter the transaction? could any one please post the answer for this.
What is the double entry system explain its rules with examples?
What are its characteristic features of financial accounting?
Pl's confirm me this entry how to pass in Tally 9.0 & Tally ERP.9 that if I purchase 20 mobile,30 phone,20 LCD,15 laptop from mangesh @ Rs.7000,Rs.200,Rs.17000 and Rs.14000 respectively on each. But I purchase by cash and 15 days later I sold half of the thing to priya margin of Rs.100 on each by cheque and rest i sold to minal on cash margin of Rs.200 on each. But I received cash 1 month later. so calculate how much profit I got by selling the products.
How do you prepare mis reports?
Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?
Mention what is bank reconciliation?
