Answer Posted / ambrish

difference between inventory & stock is that inventory can be defined as tangible property held for sale in the ordinary course of business,or in the process of production for such sale, or for consumption in the production of goods or services for sale whereas stock means the quantity of physical goods which are not held for sale.

where does the closing stock appears in the trial balance?

1972

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difference between office expense and miscelleanous expense with some examples

2089

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WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY

2090

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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?

1067

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I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1760

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Expand-------SNAT

1997

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explain about mergers & aquisitions? asked on 30/7/09

2242

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Why do you want to work for us?

1918

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HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.

2071

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A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty

1858

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Explain why retained earnings have an opportunity cost associated?

3467

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what is a reducing balance method and depreciation fund investment method and 2 diffrences?

2546

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What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

2164

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What Is Depreciation, and from which date do we charge Depreciation for an asset ?

2111

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Expand------ARN

2465

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