Answer / poorna

Gross profit or the gross loss are the outcomes from trading account, where any of these outcome will helps to derive the net profit or net loss from proft and loss account....where this net profit or loss is linked to the capital amt on liabilities side to know the fairness of the concern by equating both assets and liabilities.....

Company Providing Mobile handset to all employee on free of cost and returnable basis while leaving the job. My query is- how i account the above transaction - under fixed asset or mobile expenses- ( indirect exp) or staff welfare ( indirect exp ) Kindly suggest

2 Answers  

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WHAT IS THE ROLE OF BANK CERTIFICATE OF EXPORT AND REALISATION IN EXPORT HOUSE? PLEASE TELL ME WITH DETAIL AND ITS PROCISSOR?

1 Answers  

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What is properties or real accounts?

3 Answers  

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What will be the journal entry for the following - 1)Goods purchased from Mohan for Rs 5000 2)Goods purchased from Mohan on credit Rs 3000 3)Salary paid to Mohan 4)A sum of Rs 120 is realized on the sale of old furniture

10 Answers   ICICI, State Bank Of India SBI, Toshiba,

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what is the eligible to deduct the professional tax?

2 Answers   Steria,

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sold goods on credit rs 10000

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Explain me what is tally accounting?

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Tell me what do we mean by purchase return in accounting?

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Entry Tax is Central Income or State Income. Which Challan this tax deposited ? In Sale Tax Return which column is shown this tax

0 Answers  

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Dividends are usually paid as a percentage of ______ (a) Authorized share capital (b) Net profit (c) Paid-up capital (d) Called-up capital

3 Answers   Firm, Wipro,

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How can you define departmental accounting?

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what is amalgamation?

4 Answers  

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