Answer Posted / madhulika2011

Difference between Trail balance & Balance Sheet.....
Trail balance contains the balance of all accounts - real, nominal and personal.A Trial Balance is prepared to check the arithmetical accuracy of the books of accounts.The heading of the two columns are “Debit Balances” and “Credit Balances”.

Balance Sheet contains the balance of only those accounts which represents assets and liabilities. A Balance Sheet is prepared to know the financial position of the business enterprise on a given date. The headings of the two sides are “Liabilities” and “Assets”.

Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33

2012

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Tell me how you can adjust entries into account?

1072

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please explain all accounting concepts n conventions in detail

2122

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What are the reasons which cause pass book of the bank and your bank book not tally?

1037

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Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????

1691

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sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

1937

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What is meant by balancing?

1184

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I got below mail stating to pay 8000 rupees to Wipro but when I went to wipro in sajapur, it was fake mail. If u receives this kind of mail, please don’t respond. Please inform to ur friends regarding this. Wipro Limited Dear candidate Your Resume has been selected by ( Wipro Limited). I have attached your Interview Process letter with this email. Kindly see the attached file. Note - you can call in official working Hours Monday to Saturday – 9 Am to 2 Pm, Company Website – www.wipro.com Note - And more details you send a email Company Email Add – career@wiprolimited.in Best Of Luck For More Details Please Click Here Wipro Limited

1992

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what are doucement required under registration of properity firm. give the answer breif

2050

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In South Africa , the current rate for value added tax is ?

1768

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Any body would tell me how to takeover withholding tax at the time of go live in sap fico

1564

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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.

2253

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Tell me do you possess any knowledge about accounting standards?

1186

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What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?

2666

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List out things that fall under intangible asset?

1071

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