Answer Posted / mudunoori

Sundry creditors for expenses means the creditors who
rendered service to the company or business unit
Examples--- Auditors,Consultants etc

reason for difference in Balance sheet (Asset side & Liabilites side)

1995

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

2406

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What is the basic difference between pledge, hypothication and mortgage????

2241

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fiscal year variant Vs posting period variant

2049

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All Accounting Question Related Send Me ..

2105

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What is deffered income

2232

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Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa

2048

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what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2172

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define fixed assets

1835

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explain about mergers & aquisitions? asked on 30/7/09

2023

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hi.this krishan .i m slect in axis bank for executive. when i sposse to join

2376

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What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4891

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shares journal entries

1992

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What is written off?

2060

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Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com

2399

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