Answer Posted / suri

Opining stock . T.B is prepared to establish arthimatical
accuracy of accounting work before finalization .but
closing stock is valued at the time of finalization.so
closing stock is not shown in T.B

in trading credit why does goods sent on consignment come?

2101

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Time limit for payment of divident for listed limited companies & Unlisted public limited companies are? 30 or 45 or 60 or 90

2548

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What was your average accounts receivable days outstanding/days sales outstanding?

1140

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Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????

1700

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how to account branches in tally

2487

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what is difference between budgeting and Forecasting

1755

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What are mis reports and how do you prepare it?

1076

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What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.

1970

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credit card all entry pass in tally

1522

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Explain under what type of account does the unearned revenues fall?

4004

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Mention what are things will not be included in a bank reconciliation statement?

1201

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What are the features of financial accounting?

2211

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I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1900

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Explain what is gaap?

1124

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What is icai?

1304

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