Answer Posted / pankaj kumar

Finalization of balance sheet is to close the balance sheet after preparing the profit and loss account considering the adjustment of depreciation, Outstanding Exp, Accrued Income etc. The profit or loss should be transfer to capital Account.

what is the procedure of interview question in genpact

2166

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what are the purpose for the preparation of cost centre ?

2036

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whts is the meaning of over cost and under cost, what is difference ?

11871

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You been asked to prepare a training class for completing expense statements. What points will you emphasize to insure accurate expense statements are submitted?

2270

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Short Answer on ______Budget

1920

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Is advance paid wages has credit balance?

1594

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Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

2004

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Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.

2010

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What is finance lease

2114

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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1889

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what is the accounting conventions

4189

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Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

2155

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Three steps for correction in BRS?

2145

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Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1888

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Short Answer on __________Trade

1867

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