Answer Posted / spsiva.mba

The main purpose of preparing a Profit and Loss
Appropriation account is "Distribution of profits".

Is WCT paid to be considered as overhead during costing in construction firm?

1960

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what is the difference between speculation & investment?

2158

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what is exercise duty how to calculate that and how to update in tally

2281

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how will i develop my fears in interviewd?

1979

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income from depreciated asset is profit or loss?

1415

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i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1884

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Name the Accounting Concepts

2070

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Expand---------MRDT

2275

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Explain why retained earnings have an opportunity cost associated?

3387

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we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?

2004

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What is PE ratio formula ?

2415

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HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

2127

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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2562

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What is mean by Reserve on Consolidation?

28034

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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 Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt.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.

1335

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