Payment made to creditors is a
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(a) capital receipt
(b) capital expenditure
(c) revenue receipt
(d) revenue expenditure
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Derivative
Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?
Explain: Accrual Concept, Realisation Concept, Going Concern concept, Accounting period Concept
PAID TO SALARY FOR JASIL 1500.JASIL LOAN 500
On January 20x2, the balances of ABC Ltd's provision of doubtful debt account was $1510. During the year, a total of 3750 of account recievable was written of as bad debts. The balance in the provision for doubtful debts account at 31st Dec was 1450. What is the total amount of bad debt recognised this year?
Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
difference between provisions and reserves
what diff. between huf and individual?
what are GAAP items and examples of such?
what journal entry pass in case of vat refundable and in case of vat payable?
what is mutual funds best way to answer?