What is meant by ERP

3 Answers   QAZI Engineering, State Bank Of India SBI,

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From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.

2 Answers   Ignou,

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amount paid to rajiv as tour advice-2000

5 Answers  

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whether bills of exchnge can come under the category of reserves and surplus

0 Answers   Iyer Coaching Centre,

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In manufacturing co at what time entry tax shall be applicable

1 Answers  

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I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

0 Answers  

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How to Entered The Entry if insurance Claim Recovered of four Wheeler and entry entered in personal Account so give me The entry of insurance claim recovered.

1 Answers   Kotak,

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what are the different types of expenditures considered for the purpose of accounting?

0 Answers  

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Tell me what is the general classification of accounts that usually ledger account involve?

0 Answers  

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What is the entry for provision of baddebts

5 Answers  

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Is push down accounting accepted under generally accepted accounting standards?

0 Answers  

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p i r round ?

5 Answers  

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