What qualities have you got that would make you a good accountant?
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What is liabilities and what all does include in current liabilities?
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
How to conduct u r interviews?
What is working capital?
WHY DON'T WE TAKE BANK AND CASH ACCOUNTS INTO REALISATION
Explain what is ledger?
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?
golden ruls of accounting
Purchase a goods from venkat for cash,it should be credited to Whom
Rent paid out of your personal cash 3000 SAR
My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.