Answer Posted / s n shah

As such no entry. If any transaction takes place then
accounting entry is to be passed. You can create the
company name in tally

what do you mean by Firm

1628

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as  per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

2545

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why creditors a/c dr. to discount received a/c ?

1463

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How can i learn shortly Tally from computer coz, i want to take a company Balance Sheet

1907

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Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.

1948

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Detail your responsibilities in accounts receivable

1162

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What is compound journal entry?

1048

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i WANT TO KNOW WHAT IS THE INTEREST RATE IF WE CAN NOT PAY THE DEPOSIT SALE TAX AMOUNT WITH IN PERIOD

1874

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1)What is E-1 Sales (Sales in Transit) Full Guidence From Issue to receipient. 2) What is F Form How Are procedure

1858

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how many types of currencies are there in oracle r12

1960

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Define executive accounting?

1198

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Tell me under the accrual basis of accounting, when revenues are reported in the accounting period?

4027

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if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.

2426

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What are accounting entities?

1037

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How to show Airticket Expense on Company's A/c as Company expense

1797

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