Answer / amit kapoor

Activity based costing (ABC) is a more sophisticated and
logical way to allocate a company’s costs to its products
(or other objects) than traditional costing. (Traditional
costing might allocate all of the overhead costs solely on
the basis of machine hours.) Activity based costing
identifies the many activities that actually cause the
company to consume resources. Next, it calculates the cost
of each of the activities. Then it assigns each activity’s
cost only to the products that actually use the activities.
Obviously this is important when some products require few
activities, and other products require many activities.

Choose the right answer when we send Credit note to the supplier we have to credit 1.purchases 2.supplier 3.Other income

2 Answers   TATA,

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Short Answer on _________Financial accounting

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Expand---------GMT

1 Answers   RRB,

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Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.

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Which is the better corporate business entity to chose for tax advantages - C Corp or S Corp?

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what is interest on capital

8 Answers   Cognizant,

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Expand---------DBCE

1 Answers  

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If i need a certification for SAP FICO or CRM. Do i have to go to a institute and pay huge sum just for a certificate.? or is there any other way, also let me know how much does it cost...?

1 Answers  

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For eg, u have order 100 goods and u got only 80 goods, and u got invoiced for 80 goods only, what u will do in this?

3 Answers  

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Expand ________ECM

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what is accounting

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What is the method to set the Credit limit for Customers in Business?

1 Answers  

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