Define executive accounting?
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When we purchase Some goods Like ( Machinery's) we want to generate way bill ? Kindly Clarify .... Because recently we are purchased medical Equipment for our hospital use but vendor asking Waybill...Shall i give waybill or not Please let me know..?
Why we Deduct TDS ?
What is Retained Earnings?
An estimate of assets and liabilities on a given date a)Balance sheet b)statement of affairs c)statement of assets d) statement of liabilities
give me examples of the accounting reports you have prepared
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
What is the difference between an Invoice and a Proforma Invoice?
The owner of the consignment stock is________ (a) Consignor (b) Consignee (c) Debtors (d) None
Explain what is liabilities and what all does include in current liabilities?
What do you mean by prepration of Balance sheet? how to explain this with example, please tell me if anybody knows this.
i know that preliminary expenses are fixed cost but current or non current
What will be the general entry for advance salary given?