Describe the proof of cash type of bank reconciliation?

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purchases goosd in cash rupees 6500

2 Answers   TCS,

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I would like to know about work in progress, when we will debit WIP under Asset a/c head in balance sheet, the credit will be allocated under in which accounting head? whether its under purchase a/c or income a/c ? expecting detail explanation?

2 Answers  

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Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?

3 Answers  

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what are the adjustments and treatment with connection to the profit and loss appropriation accounts and how they do?

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if salary is paid what will be entry? If it is given on advance? If it is paid on delay

5 Answers  

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Define push down accounting?

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'Talk me through an example of how you have used data to improve your teams productivity.'

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if a employee basic salary is rs. 8000/- in march 2010 his total days of salary is 15 then what will amt comes in his f.p.f.(8.33%) account

5 Answers   Simplex,

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what is asset and what is liability ? why in B/S both will tally at the of the accounting yr or financial yr as the case may be ?

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goods sold to mr x of rs5000/-,out of that we give him discount allowed of rs 500/-,and we take setting charges of rs1000/-.so what will be the entry?

6 Answers  

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if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.

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