Answer Posted / selvaa

Systems Applications and Products in Data Processing

explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2444

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Explain what is account receivable?

1017

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What is fair value accounting?

1043

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I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1707

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Tell me the stages of double entry system?

997

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Tell me why do you apply for a job of an account executive?

1037

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Explain have you ever prepared mis reports and what are these?

975

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What are the objects of cost accountancy?

1102

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While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

2224

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why only 6 months interest is charged on drawings

2134

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Why current assets Liability said & current Liability Assets said...?at tally ERP9

1775

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describe any accounting process that you have developed or revised

996

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What are premises in accounting sense? What is vat adjustment?

1020

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explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule

2234

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What are the reasons which cause pass book of the bank and your bank book not tally?

946

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