Answer Posted / megha

cap exp means expenditure on items for long term basis and
revenue expenditure is the expenditure on items used on
daily basis

How i should sellone the mobile phone when interviewer will ask sell this phone to me?

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what is the difference between profit center area and business are.? please make me clear.

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what is core accounting?

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1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

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Explain me do you think accounting standards are mandatory and why?

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

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Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?

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Mohan sold goods on 1st sep 2009 for the rs 200000/- to sohan immediatly accepted a 3 month bill.on the due date sohan request for the renewal of the bill for further peirod of two month .mohan agree to pay interest @9% per annum to be inculuded in the new bill . determine the amount of new bill?

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Explain me the difference between accounting and auditing?

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please advice example of any single journal entry which include all 3 accounts i.e personal, real & Nominal a/c.

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Do you know what is liabilities and what all does include in current liabilities?

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