Answer Posted / antony john

sur tax

Mention in simple terms what is the difference between asset, equity, and liabilities?

585

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Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

2891

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DIFFERNCE BETWEEN RESERVE AND FUND?

4947

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contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?

2168

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Tell me the stages of double entry system?

625

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What are the disadvantages of manual accounting?

641

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What is the difference between perpetual and periodic inventory systems?

661

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Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.

1513

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we can transfer stock between two firms with same name but prop. is different.

1603

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cheque deposit is a contra entry?

1695

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what is bank aceleted?

1662

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Let me know the liability positions of Partners

1499

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sir, I wanted to know what is the difference between cash and cheque payment in terms of tax.

2889

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Accounting Questions

4901

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Wha is difference between expenses and expenditure

1359

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