Answer Posted / abhishek

I need canara bank exam model question papers.please send it
to abhishekbhgt@hotmail.com

Short Answer on _________Financial accounting

1430

---

what is difference between account and accounting

1311

---

Define The Term Journal And Explain The Present Day Use?

1912

---

what would you contribute for bhels growth

1650

---

Is depreciation a expense or income?

1237

---

---

What do you mean by Green-shoe option?

1624

---

Have you worked with other on team endeavors

1549

---

Which Exchange determine Foreign Exchange/Currency Rate?

1527

---

What is meant by Revenue Loss

1624

---

Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1264

---

Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2187

---

What is the use of final account?

1405

---

Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

1749

---

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.

2413

---

You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

1481

---