Answer / wasim khan

accounting is a wider term and encompasses all accounting
techniques and methods applied in a business system.
accounting can be financial, cost or management accounting.
while financial accounting is a narrow concept pertaining
only to a accounting system dealing with financial
transactions and elements of finance.

Answer / yash

accounting is two types
1.)financial accounting is define the position of our
business. its measure a gp, np, stock turnover ratio and
etc......,

economical accounting is define the cost and expenses of
the co. including interest of capital

how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic

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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

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Expand D A

2 Answers  

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what is the treatment of frieght paid on purchase of fixed asset? & where it shold be shown?

3 Answers   Infosys, John Fowler,

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what is bond and what is debentures

11 Answers   Karvy,

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what annual retten of sale tax

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What is most Expenses thing to Issue IPO ?

1 Answers  

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What is "investment cash" compared with "current assets cash"?

2 Answers  

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Can closing stock of current year be present in tht Trial Balance of said year...????

5 Answers  

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"while Financial accounting is external, cost accouting is internal to the business" Explain?

1 Answers   Deloitte,

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What do you mean by Turnover

8 Answers   ABN AMRO,

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A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

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