Answer Posted / t.saravanan

Abnormal Loss A/c Dr. 100000

To Stock Cr. 100000

how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you

1661

---

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

1845

---

Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

2485

---

Do you think accounting standards are mandatory and why?

1180

---

What is the difference between cost accounting management accounting and financial accounting?

1085

---

sale cycle

1942

---

the selling price of a prouduct of vintex limited inclusive of basic excise duty 16% and education cess 2% and SAH cess 1% is rs 3002. find the assessable unit of prouduct?

3112

---

how to calculate ESI,PF,PRO.TAX, INCOME TAX, VAT, T.D.S, EXCISE PLEASE SAY ANSWER IN DETAIL WITH PROPER UNDERSTANDING PLEASE SAY THROUGH WITH EXAMPLE

2457

---

what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?

1965

---

WHAT IS OPERATING CYCLE?

2780

---

Contrast bookkeeping and accounting

1018

---

What is the Project Accounting in case of Real Estate or Construction Co`s ?

2372

---

Explain me what makes a successful account manager?

1066

---

Why an Expenditure is called Differed?

1988

---

under the modified cash basis of accounting, most revenues and expenses are recognized on the cash basis. Which one of the following items is an EXCEPTION to this accounting practice? a.Advertising b.Professional Fees. c.Supplies d.Rent

2123

---