Answer Posted / vijaya
Journal entry means recording of a transaction that took
place in a business whereas journal voucher is one of the
vouchers in which we post a transaction
| Is This Answer Correct ? | 9 Yes | 3 No |
Post New Answer View All Answers
What is Bank Reconciliation Statement? How to calliculate in tally erp9.0?
What is the dual aspect concept?
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?
why i want to join Hawkins company
What is fbt (fringe benefit tax)?
How can you do credit control?
Do you know marginal cost?
What is capital adequacy ratio? What is demat account?
what is the rate of vat,cst,in mumbai
What are the probable interviwe questions in SBI clerical interview ? I am having my interview on 30th april.
if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?
can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.
what is the relationship between cost accounting financial accounting and managerial accounting?
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
