What will be the Journal entry for these transaction- Sold goods costing Rs.20,000 for Rs.30,000 on cash

15 Answers   ICA,

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How can we explain what is an asset, consumable, stock, store item ? What are the essential differences?

2 Answers  

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why do we add the net profit in the balance sheet

2 Answers  

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How do you handle rejection?

0 Answers  

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Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?

0 Answers   Siemens,

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recently watched film narret the story.

1 Answers   FactSet Systems, HCL, JPMorgan Chase,

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What are the advantages of computer accounting over paper accounting?

0 Answers  

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what are the entry for payment of city bank credit card through hdfc bank in tally 7.2 ?

2 Answers  

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What is Reserve & Surplus? Plz give me with some Example.

10 Answers   Bank Of India, Genpact, iGate,

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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 wll i do to remove my fairs facing for interviewee?

1 Answers  

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The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?

1 Answers  

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