The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

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pl. tel me what is the entry for this transaction 1)i deposited rs.10,000 t/w. dealer ship deposit 2)the goodwill amount 1 lakh brought by raju was appoprtioned and paid to the existing parteners eswar,mahesh,ravi as per their sharing ratios 38% , 24%, 38%

1 Answers  

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Field Status group in SAP is defined at which level? Please respond with one line reasoning for your thought.

1 Answers   TCS,

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What is the differance between Captial & revanue?

3 Answers  

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what is surcharge on vat? is it refundable or not?

2 Answers  

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what is difference between single ledger & multiple ledger with solid example .beacuse i am slow learner .

1 Answers   Webel,

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Derivative

0 Answers   Bank Of America,

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If a company pay salary all the employee by seprate cheque and all the employee registed in pf & esi so what is journal the journal entry in tally? and what i create all employee a/c in tally?

5 Answers   IBM,

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we are going to purchase of new office. what is accounting entry for it if we made adv to party , some part payment paid to party. pls tell me & under which group ledger will come

3 Answers  

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If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

1 Answers   Farmax,

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X draws a bill on Y for Rs 20,000 for 3 months on 1.1.05. The bill is discounted with banker at a charge of Rs 100. At maturity the bill return dishonoured. In the books of X, for dishonour, the bank account will be credited by Rs. (a) 19,900 (b) 20,000 (c) 20,100 (d) 19,800

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Define retail banking?

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