Answer Posted / ramesh

Purchases a/c Dr.
To Bill discount on purchases a/c
To Cash / bank a/c

Explain why retained earnings have an opportunity cost associated?

3451

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I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1748

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what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form

4132

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what is purchase tax in rajasthan.

2009

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If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

2063

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Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account

2020

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what are the difference between banking institutions and financial institutions?

2141

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discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?

1889

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i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

2369

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My BASIC Salary is 18,000

1789

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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2171

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how to maintain E-Commerce companies accounts

1456

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what is Journal Entries?

2140

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At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

2067

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Can you explain about the distinction of Book-Keeping and Accounting

1973

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