Answer / sumitra.raghavan

balance sheet is a statement which provides us wid the assets
and liabilites as at particular date.total asset =total
liability coz of dual entry system of a/cing.
errors are rectified by passing rectification of error entries

what balance does fixed assets show?

5 Answers   Genpact,

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EXPAND___________MRP

2 Answers  

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Is a purchase return revenue?

3 Answers  

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Short Answer on_____________Current Liabilities

1 Answers  

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depreciation on plant and machinery send me journal entry

3 Answers  

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What is derivative?

1 Answers  

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Expand A O

3 Answers  

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Deferred tax

1 Answers   Medinova,

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please tell me that how much percentage of shares of a company must be purchased so in order to start the company??

3 Answers  

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diiffrence b/w provsion & reserve

7 Answers  

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In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

0 Answers  

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What is effect in trial balance as on 31st march

2 Answers   First American Corporation,

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