If Cost of goods sold is Rs.80,700, Opening stock Rs.5,800 and Closing stock Rs.6,000. Then the amount of purchase will be (a) Rs.80,500 (b) Rs.74,900 (c) Rs.74,700 (d) Rs.80,900.

4 Answers   Infosys,

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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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How many types of Methods of Depreciation Calculation ?

5 Answers  

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I am going to take interview of some candidate for the position of Accountant. Therefore, I want to know what type of question I shall be ask to the candidates. Please suggest.

1 Answers  

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Your grandfather is 75 years old. He has total saving of Rs. 80000. He expects that he live for another 10 years and will like to spend his saving by them. He placed his saving into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occuring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2 Answers  

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How to calculate opening Balance of Profit and loss account

3 Answers   Capital IQ, TCS, TSC,

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what is difference between job costing and process costing?

2 Answers  

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sir, i m working in an ngo as accountant but new. pleas clear my doubt in tally. suppose 'a' salary is 5000. he taken 3000 advance from salary and not returned. i paid a cheque next month rest 2000. 'b' salary is 10000, taken 5000 advance from salary and returned so i paid him 10000 total salary. what all to do in tally. is the following procedure is ok or not?

5 Answers   Banking,

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What is a Post-Through Date in Payment Batches

0 Answers   Accenture,

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Under which Act( Com/IT) depreciation debit to P & L ?

1 Answers  

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What is the Meaning of Current ratio?

3 Answers  

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what is equity shares?

2 Answers   Genpact,

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