what is goods in transit and how to pass an entry
Answer Posted / mallikarjuna gottam
Goods in transit a/c Dr
To Creditors account
once received goods
Purchases account Dr
To Goods in transit account
| Is This Answer Correct ? | 6 Yes | 1 No |
Post New Answer View All Answers
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
What is the Assets & Liabilities?
What is finance lease
types of inventory
Is advance paid wages has credit balance?
business sepsarate entity concepts
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
what is an advance against expenses
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
For what purpose ERS is used for?
Hi guys, If anyone have gone through the CAPITAL IQ-Junior Research Associate interview then plz let me know about its pattern..and if anyone hav its placement papers or any other information then plz post to me at arshadbasha_mba@rediffmail.com
explain the financialand economic meaning of investment?
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
What are the types of journal categories available in the Oracle AP?