Answer Posted / dayakar

Where the business deals with selling and purchasing of
goods,trading account is prepared,it is prepared to know the
gross profit or loss.the components are (opening
stock,purchases,direct materials,wages,carriage or freight
inwards,power&fuel,factory lighting,factory rent&rates,sales
sales returns,purchase returns,closing stock.

p&l account records all other expenses and incomes related
to the running of the business such as selling and
distribution expenses,administrative expenses,other incomes.

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

2057

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Expand---------MDOT

2022

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Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

2040

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Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

2070

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what is the difference between planned and non planned budgt

2001

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WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

2116

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In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.

2017

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What are events occuring after the balancesheet date?

2211

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I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1949

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Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

2219

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What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese

2041

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Expand-------ACNS

1957

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sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest

2249

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what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4593

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Short Answer on __________Event

2041

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