Answer Posted / phani

insolvent

not in a position to pay back its liabilities as assets
are short of liabilities .

diffrence between the profit center and business area

2084

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What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

2274

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difference between office expense and miscelleanous expense with some examples

2089

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if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

2052

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why gross profit transfering to profit & loss account

4295

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i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....

1875

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Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

2346

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Short Answer on ______Amortization

2073

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How do you handle lack of direction or working in chaos

2043

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

2440

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what are the certificates needed at the time of SBI clerical interview?

2146

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what is futures and options?

2190

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Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.

3021

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why do you want to work here?

2151

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Define the word Profit in terms of business

2152

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