Answer Posted / spsiva.mba

These are not the real liabilities future events can only
decide weather it is a liability or not due to their
uncertainity these liabilities are called contingent
liability. ex: Bill Discounting.

What is Trade Recovery Estimate and how can we calculate it?

1998

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The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

2089

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which are company offering jobs in PORTFOLIO MANAGEMENT ?

2257

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bill to addres? ship to addres? rimit to address?

5809

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In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.

4243

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What are the accounting conventions and Practices?

2185

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your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1871

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WHAT IS CORPORATE ACTION?

2136

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What is DRA in bank reconciliation.

1941

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Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com

2048

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is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me

2227

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differences between liabilities and assessts

4320

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What is DECR And for wt it is used?

2094

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What are the rates of Depreciation? Like machinery items, wooden items?

1995

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what is undisclosed profit? explain

2381

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