Interested to Buy Any Domain ? << Click Here >> for more details...
mention five items that is commonly use when preparing
trading and loss account
- 2 Answers
- 4880 Views
- I also Faced
- E-Mail Answers
Answer Posted / s
five main items include in trading account are:
1.purchase
2.wages
3.opening stock
4.sales
5.closing stock.
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/
Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.
What is the fictitious assets?
how to reduce the interesting giving to debts ?
what is lease accounting?? please explain me....
My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher
What are the difference between Debit Memorandum and Credit Memorandum?
a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do
How Can We Justify the,Real A/C & Nominal A/C?
Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales
Have you ever heard about tds, what it is?
what is retention? how caculate on asset
rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.
Where do generally accruals appear on the balance sheet?
After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
