Answer Posted / sahil sehgal

Accounting standards are those standards which an accountant has to follow while making balance sheets or any other account.Basically accounting standards are just like rules and regulations which have to use while preparing accounts.

What elements of your job do you find most difficult

5805

---

what is undisclosed profit? explain

2441

---

what are the rules and regulations of junior accountant

2391

---

are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?

2504

---

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2226

---

let me know the minimum Accounting Heads in an accounting system

4702

---

You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

2152

---

From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4259

---

whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2393

---

What part can management policy play in the analysis of cost behaviour?

2116

---

Expand------------STRA

2170

---

Calculate Income Ta X On Nett Income Of Rs 365520 For Men,women And Senior Citizen For The Assessment Years 2009- 10 And 2010-11?

2058

---

I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

2116

---

What are direct income and indirect income

2092

---

How will be prepare invoice in tally, please tell me step by step

2862

---