Answer Posted / guptha

Any Document generated under “Negotiable Instrument Act. 1881” this is discounted / endorse/ transfer (Bills Receivable and Bills payable)
Bills Receivable Means If customer is accepted our raised Invoice is liability on that invoice.

what are the rules and regulations of junior accountant

2322

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Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times

2295

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why do you think you are sutable candidate for this post

2115

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Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

1990

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In case of new admission of partner what will be the adjustment for the sharing ratios

2078

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why do we charge the depreciation

1446

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When we are raised a interstate invoice then which type invoice we are raised

1869

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tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?

4805

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Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?

1972

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Expand-------SNAT

1976

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describe the most complex challenge that you have faced and how you managed it

2252

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how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

1880

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what are the uniform public construction cost accounting act procedures?

1961

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Short Answer on ___________Finance Bill

2020

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Distinguish capital and revenue expenditure

2104

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