Answer / mudunuri

Bank accounts are of two types. Current account and Loan Account. Bank Current Account should be placed under Real Account and Bank Loan account should be placed under Bank OD A/C

while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

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all GL Related Interview questions with answear

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can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?

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Why do users of accounting information need accounting information?

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Do you know any other accounting application?

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what is good will

10 Answers   Capital IQ,

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My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

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define contra entry?

8 Answers  

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What is a Prepayment and Explain the accounting entries

0 Answers   Accenture,

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salary and rent entry with tds deduct

0 Answers   Matrix Adhesive Incorporation,

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what is interest on purchase consideration?

1 Answers  

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