what is Sundary Debtor and sundary creditor.

5 Answers  

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work in progress for a construction company this year is Rs.5,00,000/-.In balance sheet Rs.5,00,000/- will be debited under current asset a/c but the credit would under which account.and next year what will be the entry.please answer me in detail.

6 Answers  

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What is the entry for Good will payment? (received money for Good will)

2 Answers  

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A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.

1 Answers  

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what is factory account. Descibe in details

1 Answers  

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which type of questions did HR Manager ask and what are the answers

0 Answers   Bank Of America,

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What is the difference between tally 6 and tally erp 9?

1 Answers   Infomatics Software Solutions,

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difference between provisions and reserves

6 Answers   Capital IQ,

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What do you mean by gaap in accounting?

0 Answers  

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What is difference betwwn cheque & DD

2 Answers  

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What is general ledger account?

0 Answers  

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The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above

1 Answers   Infosys, Satyam, Symbiosis,

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