Answer Posted / barodianbuddy(acca)

CAPITAL IS POSTED ON JOURNAL ON CREDIT SIDE AS OWNER IS CREDITOR TO BUSINESS DUE TO HIS INVESTMENT. ITS SHOWN IN STATEMENT OF FINANCIAL POSITION ON LIABILITY SIDE UNDER EQUITY SECTION AS SHARE CAPITAL OR EQUITY ACCORDING TO IAS 1.

How P/E ratio usefull to the different people?

2222

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As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why?

1959

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A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10

2113

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what are the voucher entries in tally for medical insurance

2346

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Was there a time when you lost the chance to engage a prospect? What happened and what did you learn?

1171

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Recent banking question for 2015 interview for scale2 exam of sbm

1888

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what are your current financial and accounting projects? What is your role?

2904

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List the type of transactions entered in journal proper.

1225

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I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.

2177

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"Closed Period" method. our current company method of accounting is called the "OPEN PERIOD". It's time we'd like to use the "CLOSED PERIOD". What is the standard timing and detailed procedure for closed period most of the company have been used. Please advise. thanks.

2088

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What is the objective of the balance sheet?

1247

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Spinoff,Spelloff

2293

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Do you know how many types of business transactions are there in accounting?

1100

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What is the difference between lc and bg(letter of credit

2016

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If a transaction was missed completly how do you find it?

2132

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