Answer / raju

Pay order means which is paid within the city/it's paid in
local limits.. But demand draft is paid in out of
station/other than local limits.

Answer / vishnu gopal kharche

PAY ORDER GET AFTER DEPOSIT THE AMOUNT & DEMAND DRAFT ALSO
GET AFTER DEPOSIT AMOUNT BUT PAY ORDER SHOULD TAKE THIS
LOCATION TO THAT LOCATION BETWEEN CITY & DEMAND DRAFT
SHOULD TAKE OUT OF STATION TRANSACTION.

what is difference between share and equity

2 Answers  

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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

0 Answers  

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What Is The Difference Between Bill and Invoice.

2 Answers  

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ADR DEFINE

5 Answers   Capital IQ,

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for an employee in receipt of hostel allowance for his three children,the maximum annual allowance exempt u/s 10 (14) is

1 Answers  

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what is reserve capital

8 Answers   Capital IQ,

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The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.

0 Answers   BOCODOL,

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Which steps in Procurement to Pay process does FI documents get created.

0 Answers  

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Explain the Accounting Equation?

1 Answers  

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What is the Significance of Open Item of B.R.S. in SAP.

1 Answers   Samsung,

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What Does Phantom Gain Mean?

2 Answers   CompuCom, Ernst Young,

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steps for finalisation of accounts and related entries

2 Answers  

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