what is calls-in-arrears?

4 Answers  

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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

0 Answers  

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Give some reasons for disagreement of the balances between cash and pass book.

2 Answers   Franklin Templeton,

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what type of account appear on a post closing trial balance? a) income statement accounts b) balance sheet accounts c) cash flow accounts d) temporary owner's equity accounts

1 Answers  

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Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company

0 Answers  

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What do you mean by Preliminary Expences

7 Answers   IBM, TCS,

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What exactly balance sheet depicts

1 Answers   Telco,

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With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?

0 Answers  

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Sales Return is asset or laibility

5 Answers   IBM,

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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?

0 Answers  

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how important of purchase and sales invoices?

2 Answers   CTS,

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what is market capitalisation?

1 Answers   Capital IQ,

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