Answer / ajay kumar sahoo

Contigent liability is the liability which is to be paid by
the company after happening of certain events. normally it
is the outcomes of lawsuits. The presence of which may
effect the share price.

BREAK EVEN POINT is the point where there is no profit no
loss . Company can only recover the cost of the product.

CASH SYSTEM is a system of accounting where accounting
entries are made only when cash are received or paid. not
in the case of cash are likely to be received or paid.
For-ex - electricity expenditure of MAR. month are billed
in the April so in cash system exp. are booked in april
month only not only in the month of MARCH month.

EXPAND_______________UNL

1 Answers  

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my company purchase a new Accounting (Tally) pakage how to treeated this pakage my question is it is assest or indirect expences

2 Answers  

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what is debit/credit note ? what deffered income and expencess?

0 Answers   Intelenet,

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what is cost of goods sold ?

21 Answers   Capital IQ,

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capital goods excise duty why are taken in 50 percent in firt finicial year and second next finicial year?

2 Answers   PWC,

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apptitude Questions for accounts payable job

1 Answers   Accenture, Airtel, Call Centre, WNS,

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Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

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Accrued. What is it? Explain the word

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Accounting Standards in India are issued by whom

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EXPAND______________OBC

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What are the benefits ofparticipation in a depository?

0 Answers   Mellon,

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Difference between operating profit and netprofit.

2 Answers   Capital IQ,

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