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Audit (531) - CompanyAffairs CS (172)
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The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?
ICA,
14 20287pass journal entries of the following transaction in the books of AG sindh, AGPR,FTO and SBP: 1)DDo sindh house submitted a bill for purchase of furniture to AGPR islamabad for Rs.200000 on 20th March 09; 2)AGPR issued cheque on 2nd april which was cleared by SBP on 5th April; 3)On 26th may, voucher were exchanged in the clearing house; 4)On 28th May, AG sindh issued advise to settlement to SBP karachi; 5)On 5th june,SBP HQ karachi sends a copy of clearnce memo along with bank statement to AG sindh and AGPR for settlement made on 31st May.
2994How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
1931On 01-04-2006 Mr. Dhanpal started business with Rs.2,00,000 cash and opened a bank account with Rs.1,50,000. He purchased furniture for his business for Rs.25,000. Goods were bought from Deendayal for Rs.50,000 on credit. He sold goods for Rs.27,000 in cash and 30,000 on credit. He paid Rs. 2,500 for business expenses during April month. Rs. 10,000 was withdrawn for office purposes from the bank. Find out the closing balance of cash and bank.
13 17488when we buy an assets a vat has been charged, under which head we show this entry according Haryana sales tax act?
3 6460
under which accounting rule prepaid salary?
Tell me what is the difference between accumulated depreciation and depreciation expense?
what is assessment? how many types of assessment will be there? and what is the documents and preparations for sales tax, service tax assessments??
at what level general ledger data is secured?
What is the difference between the accrual accounting and cash accounting?
What is royalty reserve?
whether bills of exchnge can come under the category of reserves and surplus
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
What is the difference between Deffered Tax Assets & Deffered Tax Liabilities
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
CERTAIN LIST OF EXPENSES ARE MENTIONED IN SECTION 35D regarding amortisation of such expenses........not included in the list are expenses like administrative expenses,consultancy fees etc...if these expenses are of revenue nature then well and good enough, problem taken care of.If it is not of revenue nature nor is it included in the list, how do u treat such expenses. Do u capitalise them by way of fixed assets or sunk costs or what do u do? any case laws that talk about expenses not mentioned in the section?
Describe me accounting rules
what is difference between budgeting and Forecasting
Define Bill of Exchange
How do we calculate the cost of investment?
