Answer Posted / yash

hello mr.
if car purchased in the name of firm
car a/c dr.....200000
cash/bankcr.......200000

if car purchase in for personal use
drawings a/c dr.........200000
cash/bank a/c cr.............200000

WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?

2256

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Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

2236

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your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1948

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My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

2139

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

2483

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how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..

2079

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Tell me the steps for Import and Export Thanks

1985

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Short answer on Amalgamation

2357

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Short Answer on __________Trade

1957

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euro currency market

2006

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Short Answer on _____________Revenue Budget

2042

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Short Answer on ________Adjusting Entries

2218

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Give a brief explanation of the fundamental accounting concept of prudence

2318

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Expand-------NAST

2268

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please send me last 3 years question & solution

2163

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