Answer Posted / souvik

IF PRICE INCREASE :
PURCHASE A/C DR.
TO, S.CREDITORS.

IF PRICE DECREASE :
S.CREDITORS A/C DR.
TO, PURCHASE

Why Company maintain's books of account?

1813

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What is the definition of accounting?

1044

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My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523

2065

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Is push down accounting accepted under generally accepted accounting standards?

1134

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As you know any other accounting application?

982

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Do you know balancing in accounting?

979

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What are the various systems of accounting? Explain them.

943

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Tell us what is the abbreviation for the accounting terms debit and credit?

1072

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WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?

1867

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My company was granted a bank facility of 750,000 for guarantee, performance bond, advance payment, retention guarantee and 100,000 bank overdraft. These facility amount was never added to the company account. a. What is the entry? b. Lien over fixed deposit for 50,000 to be brought upfront c. Lien over gradual buildup for fixed deposit 50,000 by transferring 10,000 monthly from customer's account to separate call account. d. After a month, we had an overdraft of 22,000. What will be my entry? e. After 3 months, we have a construction project and was asked for advance payment of 24,000 with a 25% margin? f. Another company asked for performance bond of 44,200 with 25% margin.

2152

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Explain an example of a tough decision you had to make quickly?

956

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TDS %AGE ON CALLIBRATION CHARGES BILL

1978

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Explain what is the disadvantage of double entry system?

1017

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How is an accounting department structured?

1011

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What is meant by turnover?

1021

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