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What are the names of the codes which are needed for RTGS ?
Payment and wire transfer respectively ?
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what is the diff between reversal and cancellation entries?
Short Answer on __________Measurement
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
Define EBIT & EBITDA?
7 Answers Core Logic, Genpact,
A person pays and EMI of $750 to a bank,the EMI included $400 of principle amount pass journal entry
what is the advantages of double entry system
What entries will be passed thru Journal Proper
what is the meaning of service tax?
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
INTE3RNATIONAL ACCOUNTING STD
whatis meant by contigent liability
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Audit 
