what is the relation of accounting subject with other subjects like economics commerce and statistics?

1 Answers   TATA,

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what is BRS and how it is prepared in BPO sector?? Please answer fast.....

5 Answers   EXL, FIS, Genpact, Riscure,

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in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.

0 Answers  

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how to calculate forefeiture of share when over subcription

0 Answers  

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what is Bank Reconciliation Statement (BRS) give detailed explanation with causes?

1 Answers  

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You pay for a product and you get the bill. When to book the expenses

1 Answers  

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What is "deposit in transit"?

0 Answers  

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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,

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What is the meaning of GAPP?

12 Answers   Ernst Young, Inventory,

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What are current assets?

6 Answers   State Bank Of India SBI,

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Called-up capital ?

3 Answers  

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Difference between Journal and Journal Proper???

1 Answers  

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