Interested to Buy Any Domain ? << Click Here >> for more details...
what is goods in transit and how to pass an entry
- 20 Answers
- 178755 Views
- SK Industries, I also Faced
- E-Mail Answers
Answer Posted / ravipolina
goods in transist means the goods were in transportation
yet not reached the production place(or) destination place
can be regarded as goods in transist the entry for this is
goods in transist a/c dr
to cash
| Is This Answer Correct ? | 64 Yes | 75 No |
Post New Answer View All Answers
You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?
why do you think you are sutable candidate for this post
how to download online - old ECR CHALLANS
What is finance lease
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
Expand-------SNAT
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.
Hello Frd's This is Mohd NaseerUddin. Is Anyone can help me out to findout a Accounting Peachtree 7.2 note's aswel as Focus notes also Plsssssss helpme out to find it. My E-mail id is mohd_naseeruddin43@yahoo.com
What is ABC Analysis in industrial function. hw can it s maintain ?
What is functional area,trading partner in sap fico
what is mean by traditional accounting ?
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
how to solved the shares qusionas ?
i need sbi bank clerk exam model question papers
.,can someone tell me how to compute the subscribed capital share?
