Answer / s

CLOSING OF ENTRIES AT THE END OF THE FINALCIAL YEAR AND PREPARATION OF PROFIT AND LOSS ACCOUNT AND BALANCE SHEET IN A VIEW TO KNOW THE PROFIT OR LOSS AND FINANCIAL STATUS OF THE ORGANIZATION IS CALLED FINALIZATION OF ACCOUNTS.

What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?

2 Answers   Cognizant,

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What entry to be passed for Duty draw back as receivable

0 Answers  

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What is double-entry accounting? Explain with an example?

0 Answers  

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1)Why closing stock or stock always a positive balance is any reason for? 2)if i am working in IT company what is my Accrual?

1 Answers   Infosys,

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interest received comes under which head

10 Answers   IBM,

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In the balance sheet, where do you show tds?

0 Answers  

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What are the effects of international accounting standards on accounting practices of developing nations?

0 Answers  

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Closing entries of P&L account

1 Answers  

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what do you mean Provision for bad debit

8 Answers   Genpact,

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WHAT IS R/3 IN SAP.

2 Answers  

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what is the relationship between cost accounting financial accounting and managerial accounting?

0 Answers  

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how to applicable esi what is the rate of percentage i am getting Rs. 15000/- gross salary and how much amount will deduct esi from my salary

3 Answers  

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