journal entries
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Answer / malik
day to day tranctions . enntering the all bills day to day
pass the journal entries
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Answer / ravi
1,bought goods from satish one month credit for rs6000 of
which half is invoiced to mr nayan at 30% above cost
2, paid carriage and cartage on goods sold to mr nayan on
behalf rs 40
3, purchased 20 shares of abc ltd at 20 per share
4, ambar became insolvent a dividend of 50 paise in a rupee is
received
5, paid monthly charges to the housing society for his own
residence 350
| Is This Answer Correct ? | 0 Yes | 2 No |
pls state ledger group in tally ? 1. input vat 2.output vat 3.cenvat credit duty 4.excise duty payable 5.service tax input 6.output service tax 7. tds payable 8. tds receivable.
Purchase Goods worth rs.1000/ icluding vat of rs 40/ & Service charge receive 1000/ including service charge rs 123.60/ What will be entry in Tally? Please Define me?
Describe me accounting rules
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Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?
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What is the Difference Between (A/c Payable / Receivable ) AND ( Bills payable / Receivable )................?
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
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gold purchse
Explain me how much mathematics knowledge is necessary or required in accounting?
What is Time capital
Audit 
