Answer Posted / ali

we can called it as Gift & Periodical under indirect expenses in tally

when & how interest on unsecured loan is calculated?

1907

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A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

2013

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purchase plant and machinery

1537

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Assigning natural account to accounting seg. What will happen

2033

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WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM

2103

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What is purchasing order?

1159

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how to create salary and pf statement in excel sheet?

2072

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how do made in finalization

2054

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Capital reserve is - a) real account b) nominal account c) personal account d) none of them

908

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Why did you choose the a-levels you did?

1030

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Have you ever made mis reports and what are they?

1035

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Tell me in balance sheet, where do you show tds?

1041

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What is the Full Procedure of Purchase ?

2076

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Tell About ur self what will i say plz help me

2461

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if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3899

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