Answer Posted / rekha rawat
Jornal Entry or Journal Voucher are same and entry can pass
manual and tally. Journal entry is preliminary expenses and
debit or credit the account without banking and cash entry.
| Is This Answer Correct ? | 18 Yes | 5 No |
Post New Answer View All Answers
What was the most difficult deal you had to close?
Explain what is double-entry accounting? Explain with an example?
Is it possible contra entry in SAP FICO
How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
How the MIS format made up in XL.
What do you mean by Bill of Exchnage.How to manage ? Explain
What is Capital Commitments means?
adjustment entry showing in tally such as outstanding salary prepaid salary etc.
In accounting, how do you define the premises?
Journalise- opened a saving a/c with S.B.I. ?
What are the accounting events that are frequently involved in compound entries?
What is the master account?
What is accrual accounting?
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c