Cash in hand-5000,Cash at bank-4000, Bill receivable- 3000,Bills payable-5000,Bank loan-6000.Calculate total liability of the firm?

11 Answers   ACS,

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what is the difference between journal voucher and contra

3 Answers   Genpact,

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An importer import some goods @10,000 us dollar on cif basis following dollar rates avilable on the date of presentention of bill entry.(1) Rbi floor rate 46.35,(2) rate notify by CBE AND C under section 14(3)(a)(i)of custom act Rs.46.55 (3) Rate at which bank has reliased the payment from importer Rs.46.58, what will be assessable valu according to custom act?

1 Answers   RBI,

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what is forex management?

2 Answers  

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What do u mean by Vouching? What is Vouching?

2 Answers  

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The Trial balance will show only the Opening Stock & Purchase for any given period, but for Profit and loss, we have to calucate the Opening + Purchase – Closing stock ?

1 Answers  

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BRS

2 Answers   Akzonobel, BEL, Chartered Accountant,

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While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

0 Answers  

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which assets may have credit balance ?

3 Answers  

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What is NEFT? and its Limit(if any)

4 Answers   Amit Enterprises,

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Do you know offset accounting?

0 Answers  

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is we can prepare any account for partnership in tally

0 Answers  

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