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What accounting records must a non-company charity keep, and for how long?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
What is the working formula for Working Capital
Entrance Exam question & Answer required
what is audit
Answered but misspelled pl correct A LIST OF ACCOUNTS IN WHICH TRANSACTIONS ARE POSTED ARE ____ ____ACCOUNTS(ANS.TRACH)
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?
What do you mean by Green-shoe option?
Can closing stock of current year be present in tht Trial Balance of said year...????
What is the treatment for PRELIMINARY EXPENSES?
27 Answers Capital IQ, Franklin Templeton,
Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same