WHAT IS THE DIFFERENCE BETWEEEN CASH FLOW STATEMENT AND FUNDS FLOW STATEMENT

1 Answers  

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The following are the transactions with respect to goods traded by Gopal- i) Purchased goods worth Rs.50,000 on 1-1-2005 for cash ii) Sold goods costing Rs.20,000 for Rs.30,000 on cash iii) Bought goods Rs.45,000 from Suresh & Co on credit iv) Paid Rs.30,000 to Suresh who gave us a discount of Rs1,000 v) Sold goods Rs.23,000 but their cost is Rs.12,000 for cash vi) Sold goods to Gangadhar for Rs12,000 on credit,(cost Rs 9000) vii) Received cash from Gangadhar Rs.11,500 in full settlement. viii) Paid carriage charges on the goods purchased Rs.2,000. Find out the closing stock as on 31 -1-2005. Also, find how much is still due to Suresh?

14 Answers   ICA,

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How do you handle rejection?

0 Answers  

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what is bpo what is kpo

1 Answers  

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Tell us in balance sheet, where do you show tds?

0 Answers  

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How to pass entry in tally for payment of vat penalties?

1 Answers  

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What is C & F Activity ?

2 Answers   Birla,

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What is Journal Entry for Booking & paid Telephone Expenses.

10 Answers  

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Subsidiary ledger and the benefit of making it, explain?

1 Answers  

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A company closing its acconts in december..its paying 10000/-as rent......in the month of august it paid 4 months rent as advance...how will u account this

6 Answers   IBM,

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Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??

0 Answers  

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How to pass workscontract sale invoice which includes WCT & VAT.

0 Answers  

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