Answer / manoj

Prudence is the concept which states that expenses and liabilities should be recognized as soon as they are incurred. but income should be recognized only when it is established that the possibility of earning such income is high and not remote

Answer / hum3057@yahoo.com

As Executive you take decision with responsibility,
intelligibility and care.

How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

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Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

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 You are required to 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

1 Answers  

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what is windows dressing final accounts?,sales a/c belongs to which a/c type?

0 Answers   Angel Broking, OPI Global,

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what is Investment Fluctuation Fund? is it reserve or provison?

9 Answers   Colgate,

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Can u explain Invoice format in details?

2 Answers  

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what is the direct taxes?

3 Answers   JK Associates, TATA,

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Do you know marginal cost?

0 Answers  

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Month end closing entries with example

1 Answers   Openhand, SJ Group,

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what is accounting

2 Answers  

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1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-

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what is the difference between earnings and profits

4 Answers  

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