Answer / punita

Net Profit is the profit earned during the year it
available for distrubtion to shareholders or available for
reinvestment purpose. While Retained earning is kept in
business not distributed to stake holders kept for
reinvesmtment or for further expansion of business.

Answer / omer

both are same, the net profit can be fully consedered as
returen earning

what is suspense account?

8 Answers   HG, HP,

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i purchase one computer @Rs.30,000 i issued PDC's then when i enter all pdc's in tally at a time or any other pls. tell me

3 Answers  

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What entry to be passed for Duty draw back as receivable

0 Answers  

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sir, some body tell me how i treat the abnormal fire loss stock :-our company suffer a fire loss during goods in transit (goods were hold at warehouse and fire occured) now how i account for the loss and what type of ledger should i create and under which group

1 Answers  

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What will be the journal entry for good lost by fire. How many entries will be passed in the books of account for the same.

29 Answers   IBM, MTM,

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what are hedge funds

1 Answers   Genpact,

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Futures

2 Answers   Bank Of America,

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why the net profit arises on the debit side of profit and loss account wen the nominal acount rule states debit all expenses and losses and credit all incomes and gains

1 Answers  

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1. If Ram Received Cash Rs. 900/- & Deducted Rs.100/- as EPF. 2. Cheque diposited into bank Rs. 200/- against EPF of ram. How many ledger should create under which & what will be the entry ?

5 Answers  

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Whether Depreciation to be posted in debit side or credit side?

3 Answers  

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Tell us how can you define departmental accounting?

0 Answers  

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pls state ledger group in tally ? 1. input vat 2.output vat 3.cenvat credit duty 4.excise duty payable 5.service tax input 6.output service tax 7. tds payable 8. tds receivable.

0 Answers   ABC,

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