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.

Do you know in accounting, vat abbreviates what?

1093

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what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......

2120

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When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1932

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MEANING OF RED HERRITING

2591

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How familiar are you with crm?

1116

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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2243

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WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?

2059

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how will decide that vender payment is ok without reco

2340

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Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

3563

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What is fitting and fixtures?

2128

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What is aggregate Liabilities ?

2336

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Who is considered the father of accounting?

1203

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What are the various systems of accounting? Explain them.

974

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Tell me deferred taxation is a part of which equity?

1001

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What is vat adjustment?

1038

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