Answer Posted / mussa mayala

drawings is divided into 2 categories;1.Drawings of goods
for personal use,2.Drawings of cash for personal or office
use.In trading account drawings will reduce the amount of
goods bought for resale that is Purchases, so drawings
should be deducted from purchases to get the real goods
available for sale.

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

1885

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What is Goods Lost by Fire/Accident/Theft ?

1760

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what is the main link between the income statement and the balance sheet?

2134

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what is the difference between Assets Allocation & Security selection?

2879

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i want the difference p&l a/c and Income and expediture statement

2091

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EXPAND_________SEC

2231

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EXPAND______________IARCS

1984

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Pls Explain Accounting Standered 1,3,11,29

2355

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what do you mean indirect expanse in trading business?

2282

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all of interview question about coop bank of oromia

1279

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Short Answer on ___________Finance Bill

2030

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What are the accounting conventions and Practices?

2207

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Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

2210

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EXPAND___________NBW

1907

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differnce between the 4.7 & 6.0 versions?

2154

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