Answer / pradeep

A/a payable means the balance which u have to pay for
service and goods which u have already purchased.

A/C rce.... means the balance which u have to receive for
providing services or supply for goods.

what is the debtor & creditor, i am purchasing a good then," who is the creditor"

3 Answers  

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Pls tell me the basic rules of accounts for interview in finanace or accounts section

0 Answers   Genpact, IBM,

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India me ,suppose that hmare pass 190000 Rs hai,to kitna tax lgega,or kis heshab se lgega,

0 Answers  

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How to conduct u r interviews?

1 Answers   Capital IQ,

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If vendor is deducting TDS amt while paying, how to pass entry inbooks. Will it be TDS recoverable/TDS payable a/c. kindly clarify

3 Answers  

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tell about "E1" form

2 Answers  

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What is the goodwill, how it will be calculeted.can Goodwill posted on laibiltes side Balance sheet.

9 Answers  

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What is properties or real accounts?

3 Answers  

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what are the adjustment entries?

2 Answers   emc2,

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Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?

0 Answers  

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Goods sold by Del Credere Agent are sales of manufacturer or Del Credere Agency?

0 Answers  

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what do you mean by profit and loss appropriation account ? what is the use of preparing it?

1 Answers   Syntel,

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