Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / srikant kumar pattanaik.
Direct expenses are expenses, which are directly incurded in the process of production.
Ex-material,wages etc.
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
Assigning natural account to accounting seg. What will happen
What is bad debt expense?
Who is debtor purchaser
explain the relevance of closing stock account in trading a/c when preparing the gross profit?
When we are doing the reconciliation process in cash management please tell me what are the different status will happen and when will it happen. Please help me out.
Why we debit expenses and credit incomes ?
what s account
What is journalizing? What are the columns of a journal?
What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?
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.
What is the use of form D in sale tax
what is t code of journal voucher report with amount?
Explain fictitious assets?
how much cash transaction to single transport company per day and also per year
Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?
