what is factory account. Descibe in details

Answer Posted / praveen singh

if the name is giving than it is represantive personal a/c
other wise nominal a/c

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Explain me what makes a successful account manager?

634


How did you chose your university?

627


What are the differences between contrast bookkeeping and accounting

632


What are the advantages & disadvantages of double entry system?

642


In the Manufacturing IF QC reject the material. Then where to record rejected material amount.

1483






HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.

1539


in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity

5002


What is accrual accounting?

790


IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

1715


Explain dual aspect term in accounting?

604


What are the 4 phases accounting?

565


can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power

1316


Explain me your current/former role, your responsibilities, and how success is/was measured?

592


give me examples of the accounting reports you have prepared

733


sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

1472