Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / u.uma bharathy
Trial balance means "we have to know the arthimetical
accuracy" of ledger. That's why we prepare the trial
balance ,its show the every debit balance is be tally with
the credit balance..
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
What are the columns of a journal?
is we can prepare any account for partnership in tally
Are there any questions you would like to ask?
What is the equation for acid-test ratio in accounting?
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?
what is the basic difference between pooling of interest method and purchase method in amalgamation
SOLD GOODS WORTH 5000 TO AKBAR WHO PAID 3000 ON ACCOUNT
Explain compound journal entry.
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
EXPLAIN EACH SECTION PROVISIONS ON TDS?
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
Do you know what is double-entry accounting? Explain with an example?
Debit Card Come Under Which group in Tally 9?
Journalise- opened a saving a/c with S.B.I. ?
Explain me what makes a successful account manager?
