define accounting?
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Answer / suneel pandey
Accounting is a art of recordin , clasifing & summaring in
a significant manner & in terms of money, transactions &
event which are , in part at leastof a financial characte,
& interprting the result thereof.
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Answer / sunil shrivas
Accounting is preliminarily system of recording financial event, transaction in proper way so that any financial decision can be taken easily. It is the backbone of every business.
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come will open bank account... what journal will come...
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
BRIEF IN DETAIL REGARDING RATIOS
How we can create ledger for goods purchased from 1) Registered 2) Unregistered 3) Tax free Goods in Tally with examples its very urgent.
Explain the meaning of long-term notes payable is or long term liabilities?
Explain the types of ledger?
Sir how the enter of GST adjust of sales return
What is the journal entry for goods sold to Mr A in 1 month credit of rs 5000. and also pass entry for non repayment of money after 1 month by Mr A. (What entry will come for this?)
journal entry of outstanding salary
What is Contingent Liability?
4 Answers State Bank Of India SBI,
Period I :- Sales= Rs 15000. Profit= Rs 400. Period II :- Sales= Rs 19000. Profit= Rs 1150. Calculate : a) P/V ratio. b) Profit when sales are Rs 12000. Cc) Sales required to earn a profit of Rs 2000. d) Margin of safety in period II. e) variable cost in period I.
If in Baance sheet Furniture is given @ rs.1200000. and an adjustment tells that half of the building is used for residential purpose... then what is treatment in accounts?