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Reimbursement is the act of compensating someone for an
expense[citation needed]. Often, a person is reimbursed for
out-of-pocket expenses when the person incurs those
expenses through employment or in a account of carrying out
the duties for another party or member.
Common examples are firms compensating individuals who buy
supplies for their companies, or firms compensating
employees on field or out-of-town assignments who pay for
their stay and transportation.
Reimbursement can be of many types like day care, mobile
expense, transport, medical expense, study expenditure
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Short Answer on ______________Import Trade
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
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