Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / habib ur rehman saqib
Accounting is a system which deals all transactions in a systematic manner to generate true position of any organization.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand---------PED
let me know the minimum Accounting Heads in an accounting system
how to maintain stock if any entry mismatch pllzz tell me short cut
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.
ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
What is the Purpose of Preparing Bank Reconciliation Statement?
What is the difference between income statement & Profit&loss A/c?
plz send me a solved paper on SBI of clerk post
hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com
Who is the maker of the promissory note
where does the closing stock appears in the trial balance?
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
WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?
