Answer Posted / aqeelraza

Generally, the debtor is the receiver and creditor is the giver against the money which was being received or paid against sale of goods or services on credit in trade called trade debtor and trade creditor but irregular assets or liabilities which relate to debt come under sundry debtors and sundry creditors.

Tell me what is ledger?

3852

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how to account branches in tally

2366

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a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry

1882

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What is mutual fund sub accounting?

1050

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What is depreciation and how many types are there. Please give details?

1090

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Let me know the liability positions of Partners

1915

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A factory uses annually 24,000 units of a raw material which costs Rs. 1.25 per unit. Placing each order costs Rs. 25 and carrying cost is 6% per year of the average inventory. (a) Find the economic order quantity and the total inventory cost including the cost of material.

4778

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what is differnce between balance sheet of a bank & a company

1999

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What is the Project Accounting in case of Real Estate or Construction Co`s ?

2326

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GRIR is the clearing account so it the balance will be zero, so how it will impact with balance sheet and why we require to reconcile that account ?

1481

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what is general accounting

2148

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Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50

2046

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Anti Takeover policies

2035

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What is Capital Commitments means?

2211

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Where a cash discount should be recorded in a journal entry?

1024

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