Interested to Buy Any Domain ? << Click Here >> for more details...
Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income
1871How Advances to suppliers for purchase of raw materials is to be considered while calculating Drawing Power
1774Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
1728how to pass this entry from tally advance cheque payment for rent advance in 4 installments cheque paid in same days
1 2737Post New Accounting General Questions
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
What is the purpose of a balance sheet?
Tell us what is icai?
What is dd and a in oil and gas accounting?
What are premises in accounting sense? What is vat adjustment?
The claim recoverable has been settled with the insurance company for 2000.what is the actual stock lost value? Please give me in calculation.
Tell me what is the difference between accumulated depreciation and depreciation expense?
Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?
Why company issue shares at discount as its a loss ?
Tell me do you think there is any difference between inactive and dormant accounts?
Why are accounting standards necessary?
Explain me by saying, perpetual or periodic inventory system; what do we mean?
Tell us why did you select accounting as your profession?
Tell me in which account does the unpresented cheque will get recorded?
When we received payment from creditors
