Answer Posted / ravinder

1) Cash A/c Dr. Rs. 10,000/-

To SBH A/c Rs. 10,000/-

2) Drawing A/c Dr. Rs. 10,000/-

To SBH A/c Rs. 10,000/-

Can you help me to pass the journal entry for work in progress for a construction company? I would like to know the debit and credit for W.I.P will be under in which accounts head. Eg: debit will be in current asset a/c head, and credit will be under in which a/c in P&L? whether under purchase a/c head, or under direct income a/c head? please give me the details. Thanks for your previous answer?

1717

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What are the characteristic features of financial accounting?

632

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RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above

1772

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What Is Responsibility Accounting?

730

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What is meant by balancing?

605

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What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.

1770

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'Talk me through an example of how you have used data to improve your teams productivity.'

2046

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what is the process of cenvat credit taken in service tax( in direct & indirect service)

2760

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what is subscription order

1590

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Which steps in Procurement to Pay process does FI documents get created.

1642

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if you are a hard working nature conclude your self?

1568

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Differentiate between provision and reserve?

659

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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

1734

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Tell me an example of a tough decision that you had to make?

599

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What is dividend warrants?

711

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