Answer / ovenkat4

the manufacturing account means all the expenses for to make a
product to take into manufacturing account. it can be taken
only the manufacturing costs for the product.

Rent received in advance journal entry

4 Answers   Cognizant,

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can any accountant forward format of daily or monthly mis format for accounts and finance dept!!

0 Answers  

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What will be the Journal Entry for this? Purchases goods from vendor worth Rs.20000.VAT included 4%.

28 Answers   Ernst Young,

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How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

1 Answers  

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what is the difference between cost of goods sold and cost of sales ?

2 Answers  

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What is deffered tax liability / assets?

2 Answers  

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What is the meaning of summarizing?

1 Answers  

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under which ledger should i make opening work in progess and closing work in progress

0 Answers  

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How can I pass the journal entry for Work in progress. I would like to know that where should be the debit and credit allocated in accounting system. eg. WIP debit will be under asset a/c in balance sheet what about credit? pls.help me

1 Answers  

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what about the manapuram fm

1 Answers   manappuram,

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1. ABC Pvt. Ltd acquired the right to publish a book entitled “Accountancy easy” From Writer at a royalty of Rs. 20 per copy of the book sold. The minimum rent was fixed at Rs. 30,000 per year. It was agreed, that the short workings of any year can be recouped with in 2 years immediately following the year in which short workings occurred. The no. of copies sold during the five years was as following: 1. 1st year -1000 2. 2nd year -1400 3. 3rd year -1800 4. 4th year -3000 5. 5th year -1200 Show royalties account in the books of the publisher.

1 Answers   Accounting,

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why we transfer wages and salary in trading a/c,and why we transfer salary and wages in p/l a/c?

2 Answers  

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