what are the main important accounting entries for AP and AR ...

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How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.

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why loss is posted on asset side in balance sheet?

2 Answers   Vijaya Bank,

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when we compare to bank statement with the our pass book the enteries are opposite why this happens?

1 Answers  

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how to value stock?

1 Answers  

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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

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Wha is difference between expenses and expenditure

0 Answers   Alshaya,

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Define scrap value in accounting?

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Please explain about wages control account?

1 Answers  

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Foreign currency Valuation

2 Answers   Accenture,

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what is mean by paidup capital.?

1 Answers  

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Follow up ageing balances of Debtors & Creditors and also Inventory

0 Answers   HCL,

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