Answer Posted / kiran kumar
Some happening or non-happening of some transaction will
may cause to the creation of a liability which is commonly
known as CONTIGENT LIABILITY.
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if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
How do we return the loan in equal installments with interest in tally
Country-Western songs emphasize three basic themes: love, prison and trucks. A survey or the local Country-Western radio station produced the following data: 12 songs about a truck driver who is in love while in prison 2 about people in prison who are not in love and do not drive trucks 8 about people who are out of prison, are not in love, and do not drive a truck 13 about a prisoner in love 28 about a person in love 18 about a truck driver in love 16 about truck drivers who are not in prison 3 about a truck driver in prison who is not in love Find the number of songs about: a) How many songs were surveyed? b) truck drivers? c) prisoners? d) truck drivers in prison? e) people not in prison? f) people not in love?
hi guys, pls refer me how to preppare for Indian Bank exams.
what is account & what is finance
please provide wct retun guide line how can prepaire that
Short Answer on _________Financial accounting
Please do tell me about the questions which are asked at BACS FINAL ROUND.
How to raise my credit score if I have 500 credit score?
is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing
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plz send me the accounting questions and answers of bank of america.
what are valuation accounts?
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.
what is the step in preparing the schedule of audit? can someone explain for me?
