Answer / m s nageswara rao

The Books of accout are closed to find out profit/loss of
the accounting year.The accouts are closed for
finalisation. From this Trading, Manufacturing, Profit &
Loss Acconts, & Balance sheet are prepared - the entire
process is called finalisation.

you have been asked to prepare a bill for services .what information should be included in the bill?

5 Answers   Banking,

---

how many types of depreciation?

18 Answers  

---

what is direct tax or inderect tax? all uses form with fill up full?

3 Answers  

---

2. Contingent liabilities should be recorded in the books when; a) It is probable that the future events will occur b) The amount of the liability can be reasonable estimated. c) Both (a) and (b) d) Either (a) or (b)

2 Answers   FactSet Systems, India Infoline,

---

what is accounting standard ?

2 Answers   GE Healthcare, Virchow Biotech,

---

what is the capital gains

3 Answers   Genpact,

---

if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

0 Answers   ABC,

---

what tax will be on puchasing of sweets and is necessery to use form 38.

0 Answers  

---

What Settlement details are required on the delivery instruction slip?

0 Answers   Mellon,

---

Please answer the following question: "Your grandmother sends you a large check for your birthday, asking that you use the money to buy shares of stock in a company. She recommends that you review the company's financial statements before investing. What can a company's financial statements tell you about the investment potential of its stock?"

4 Answers  

---

EXPAND___________LMB

4 Answers  

---

How does the rendering of services on account affect the accounting equation? a. Liabilities increase; stockholder’s equity decreasesb. Assets increase; liabilities increase c. Assets decrease; stockholder’s equity increases d. Assets increase; stockholder’s equity increases

1 Answers  

---