Answer Posted / sukavani

Interest on Capital A/C Dr. 1500.00
To Capital A/C 1500.00
interest on capital debited in p&l a\c
it will be adding to capial to the
balance sheet

Do you know the term account payable?

1085

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Explain me the term material facts in accounting?

1185

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Tell me what is the difference between accumulated depreciation and depreciation expense?

1263

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how will you adjust voluntary seperation payment in cash flow statement

2140

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cash credit taken from bank then what is the general entry?

2065

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Tell me what are things will not be included in bank reconciliation statement?

1192

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Explain what is ledger?

1140

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How is the accounting for hire purchase transactions done?

1121

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What accounts are to be debited and credited in this case o

1893

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shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?

2473

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if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1587

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'Talk me through an example of how you have used data to improve your teams productivity.'

2567

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give me examples of the accounting reports you have prepared

1294

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Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

4088

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Which kind of transactions are not recorded in the books of account?

1879

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