Answer Posted / mohammed irfan khan
In simple Profit is the income earn by applying the
capital. so it is the liability of business to pay the
return on capital from whom the capital is acquired(share
holders)
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand ----------GIDB
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
how to make a project accounting in tally erp9 ?
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
How to increase our credit rating score quickly?
What si the differance between REVENUE and PROFIT?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
outstanding expenses, prepaid or unexpired expenses
Short Answer on ________Adjusting Entries
Queries for Big4 Articleship : Whether son of CA in practice effects chances.
Under the accrual basis of accounting incomes are recognised at the time -------------------
what do you mean by accounting (or) why accounting ? ( generally we have to speak about our achivements and goals)