what are the entries for staff taken advance in tally? what are the ledgers to be created for this and under which group? and what are the voucher entries when the advance is refunded?

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IN PROCESS ACCOUNTING, HOW ABNORMAL LOSS & ABNORMAL LOSS IS TREATED?

2 Answers   FCI, Genpact,

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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

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If i paid cash to my merchandiser(employee) in his imprest account.& if he is not able to arrange the purchase bill than how will be his account settled or what will be the entires for this process.

1 Answers  

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Tell me deferred taxation is a part of which equity?

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how many types of currencies are there in oracle r12

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Explain me what is assets minus liabilities?

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What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.

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what is joint venture & venture capitaling

2 Answers  

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What Does Capacity Cost Mean?

1 Answers   Honeywell, JPMorgan Chase,

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Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

0 Answers  

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When the closing stock will be reflected in trial balance & at what value

4 Answers  

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