Answer Posted / urvashi sharma

capital

List out things that fall under intangible asset?

971

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What are the important things to be remembered while preparing a bank reconciliation statement?

1048

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A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

1961

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Explain what is account receivable?

1018

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Where do we show "Dividend paid in FFS ,either in FFO or in FFS? what is teh concept behind?

1956

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I wana give interview as a accountant what the question will asked by interviewer ??? Please suggest me so I can clear inteview. abhinandan

1963

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What is an interest rate swap

2146

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What do you find most satisfying about this job?

1029

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Tell me what is public accounting?

998

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Define public accounting?

1016

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simply define shares and debentures

1576

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What are assets minus liabilities?

995

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What are the differences between accounting and auditing?

1065

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What is computerized accounting?

1004

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Do you know retail banking?

1166

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