Answer Posted / krushna

According to Irfan ot of the 10TVs purchased for business
one is installed in the shop for display. If so the entry
will be
Purchase of Tvs Dr 9000
TV Dr 1000
To Cash/Bank 10000
Here it means one Tvs was taken under assets account and
others were taken as purchases

My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?

2026

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what is the frienge benefits tax?what is usefull?

2064

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what are the type of cash flows?

2723

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How do you handle lack of direction or working in chaos

2033

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Explain the word Liquidation

2026

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why you choose accounting as your career ? ?

1775

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Expand--------TAO

2147

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Tell me the steps for Import and Export Thanks

1915

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1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

2229

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Since minority interest is balance sheet item, and got brought foward figure, how to disclose brought forward figure in consolidation work sheet instead of we make adjustment on current year to show their share in subsidiary.

1990

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what is composition vat

2383

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Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

2247

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What is the definition of LOSS. Give the formula if any.

2135

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What do u mean by pass through expenses? give examples, how it will be accounted & billed?

5937

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You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

1993

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