Answer / harish

The net profit / loss arrived in the P&L a/c is posted in
Balance Sheet which gives us the real worth of the company.
This acts a link between p&l a/c ans b/s.

Took a loan of Rs.2000 from Sachin for the marriage. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

3 Answers  

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What are the different type of bank accounts maintained in tally

1 Answers   Telco,

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what is corporate accounting?

0 Answers   Wipro,

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if closing stock appears in the trial balance what is the sollution

7 Answers   HCL,

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What are the differences among Mortgage, Pledge and Hypothecation ? please any body reply me in simple language as I have read many articals on it still I find my self anble to explain it, I always get confused. If want to tell personally please send me email or add me on Gtalk My ID is rohitash.shrm@gmail.com Thanks

4 Answers   HDFC,

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Which are Accounting Standers?

2 Answers  

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How many types depriciation we have?

16 Answers   FactSet Systems, Genpact, Wattan Vani,

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How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

0 Answers  

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what is real account

6 Answers  

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what is market captilization?

4 Answers   FactSet Systems,

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where the closing stock appear in Trial Balance?

17 Answers   Vibgyor High School,

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Whatis new GL & Odd G.L What is the difference between these two.

0 Answers   HCL,

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