Loan & Advances which heading calculated ?

Answers were Sorted based on User's Feedback



Loan & Advances which heading calculated ?..

Answer / peer mohideen

Current Assets

Is This Answer Correct ?    13 Yes 1 No

Loan & Advances which heading calculated ?..

Answer / b. mahammad ghouse

It is a current Assets , calculating under "Other current
Assets"

Is This Answer Correct ?    6 Yes 0 No

Post New Answer

More Accounting General Interview Questions

what is mean FOB?

4 Answers  


Which accounting application you prefer most and why?

0 Answers  


How to pass workscontract sale invoice which includes WCT & VAT.

0 Answers  


hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent

0 Answers  


What are the golden principles of accounting? Give an example for each.

3 Answers  






is goods in transit will be liable for entry tax ?

0 Answers  


What is the rate of claiming Input service tax i.e 20% or 100% o

4 Answers  


15 methods of depreciation and its examples

2 Answers   IBM,


"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

0 Answers  


Under which group in airtel a/c ledger

3 Answers  


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,


how to prepare balance sheet , p and l account ,

13 Answers  


Categories