Answer Posted / shiv sharma

Building A/c Dr. 1,10,000
Land A/c Dr. 40,000
To Cash A/c. Cr 1,50,000

what is the meaning of banking

2106

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Explain me what do you think is bank reconciliation statement?

1034

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How to post salary advance transfer from one branch to another branch ?

1474

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how to treat investment fluctuation fund in case of death of a partner

2257

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what is the accounting treatment in tally of free goods received with goods purchased.

7035

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Do you know retail banking?

1169

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adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off

1689

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In the Manufacturing IF QC reject the material. Then where to record rejected material amount.

1867

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Explain in simple terms what is the difference between asset, equity, and liabilities?

1033

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Explain what is accrual accounting?

998

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How Can We Differ Horizental & Vertical Balace Sheet? Explain.

1786

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While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

2227

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What is partnership accounting?

1029

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What are the basic assumptions in accounting?

1046

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your company by machinary for Rs 3000000/-, what will be the maximum term lean avaible form bank?

1767

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