WHEN CREDITORS SHOULD BE COME UNDER DEBTORS IN WHAT
SITUATIONS EXPLAIN WITH EXAMPLES
Answer Posted / amit kumar
When Creditor became the debtor of the concern then
Creditor became the debtor of the concern.e.g. P & Co. is
also debtor and creditor of S & Co.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
Expand---------DEP
why do u want to join bpo sector
A----------involves transfer of money or moneys worth from one person to another
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
Why does one need a broker?
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.
what about case study
Expand BEMS
WHAT IS THE DIFFERENCE BETWEEN COST CONTRL & COST REDUCTION
What is Risk Assessment?
How to enter PO in SAP
why should we are preparing BRS