Answer Posted / ashish sakalley

Debit card means your balance in bank that only you can use
But in the credit card banks provide credit facility upto
certain limit you can use and repayment after some time or
due date.

How do you maintain accounting accuracy?

1116

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In accounting, are assets a permanent account?

1269

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During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1676

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under which ledger should i make opening work in progess and closing work in progress

2060

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what role did you play in collections?

1199

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Cost Accounting

2076

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1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

2060

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Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

1922

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I purchase a material with vat@4% and want to sale it to a bihar cliet.what will be charged as cst.Narrate me as brakewise.It is very urgent to mine.

1864

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Mr. A purchased a machinery costing Rs. 1,00,000 on 1st October, 2005. Transportation and installation charges were incurred amounting Rs. 10,000 and Rs. 4,000 respectively. Dismantling charges of the old machine in place of which new machine was purchased amounted Rs. 10,000. Market value of the machine was estimated at Rs. 1,20,000 on 31st March 2006. While finalising the annual accounts, A values the machinery at Rs. 1,20,000 in his books. Which of the following concepts was violated by A? (a) Cost concept (b) Matching concept (c) Realisation concept (d) Periodicity concept.

2035

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Tell me by saying, perpetual or periodic inventory system; what do we mean?

1194

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In South Africa , the current rate for value added tax is ?

1738

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Mention the types of ledgers?

1160

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What is journalizing? What are the columns of a journal?

1158

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Define the term material facts in accounting?

1243

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