If assume we paid 50/- as an advance for worth or 100/- goods, but our supplier sent only up to 25/- worth of goods. Know my question is that we want to close the transaction now and how it possible? What about vat like tax setups in ap and ar? What about the sweep command in ap?

0 Answers  

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what is addition of Opening Balance and net profit transfered from profit and loss account called?

1 Answers  

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what is contra entry . plz explain with example.

6 Answers   KOMA,

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Tell me what is the equation for acid-test ratio in accounting?

0 Answers  

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parent company loss deduct from subsidiary company proft

3 Answers   Capital IQ,

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what is proviosion for bad debts and provision for bad and doubtfull debts

4 Answers   Genpact,

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What is the Difference between Balance Sheet and Trail Balance ?

6 Answers   Genpact,

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'Talk me through an example of how you have used data to improve your teams productivity.'

0 Answers  

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wat is mass allocation and when it is used

0 Answers   Meru Cabs,

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journal entry for commission received

1 Answers  

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What is the definition of manual accounting?

0 Answers  

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Describe the Balance Sheet?

2 Answers   Cognizant,

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