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how to prepare final accounts of proprietor
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Answer / p.sheshu kumar
profit and loss account and capital account and balances
sheet
| Is This Answer Correct ? | 7 Yes | 1 No |
Answer / mojjuh@rediffmail.com
trading account profit and loss account and balance sheet
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / syedghouse
By transfering the Net Profit or Loss to partners capital
account.
| Is This Answer Correct ? | 1 Yes | 1 No |
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
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the following information wads extracted ffrom the book of a business man :debtors as on 31/12/1987 $25000 bad debts during 1987 $1000.provision for doubtful debts is to be maintained at 5%. a provision for discount is also at 2%. you are required to calculate the amount set aside in respect of provision for doubtful debts and provision for discounts on debtors respectively
4_ _ _ 4 _ _ _ 4_ _ _ 4 =20 use +,-,/,* to solve ot
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