Answer Posted / chandure

Personal account: Debit the receiver
Credit the giver.

Real account : Debit what comes in
Credit what goes.
out.

Nominal account : Debit all expenses
Credit all incomes & Gains.

which kind of expenses or Income will come under direct expenses or Income ?

2128

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Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1934

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What is meant by consignment

2158

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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2223

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what is the difference between sap and sas?

4016

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2069

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interest paid comes under which head

1535

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what s BSPL and its significance?

4095

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What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?

1862

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What do you mean by Adjustment

2084

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When we are raised a interstate invoice then which type invoice we are raised

1921

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what can increase gearing?

2453

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while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

2111

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How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer

1789

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what is the difference between planned and non planned budgt

2042

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