Answer Posted / rene

hello, i got a question: it is related toaccounting: if i
sold merchandize to a custumer for 25,000 on account and
the cost of goods sold was 15 how would i journalize this
transaction?

i got a case study in which theie is a chemical company group which has 12 companies in all, few in Europe and few in USA, my question is should i have only 2 COA as per the standard like US GAAP and IFRS or should i have COA based on country location.

1875

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if at the end of the year cash book is showing debit balance whether it is meant that cash is not deposited after deducting expenses in bank and it is in hand and we should deposit in next year

1913

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How Can We Justify the,Real A/C & Nominal A/C?

2258

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What is the difference between a provisions and reserves?

1047

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Tell me did you use accounting applications at your previous companies or prefer working manually?

1042

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Please guide in details about Payroll in Tally.erp9??

2249

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what is the entry for toll gate fee

8078

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What steps would you take to locate the errors in case trial balance disagrees?

1040

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Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33

1952

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Explain miscellaneous expenditures & profit and loss account debit balance

1063

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Tell us why did you select accounting as your profession?

1066

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Who owns the general ledger?

1045

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What is double-entry accounting? Explain with an example?

1096

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WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"

2336

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what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..

4779

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