Answer Posted / aarya somi

Bank A/c Dr.
To intrest received A/c

What are the advantages & disadvantages of double entry system?

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bookkeeping, and accountancy,purchase procedure , Educational institutions ;, secretarial practices, Administratire and Academic rules and regulations in Government offices, Academic institutional , computer skils. etc

3094

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paid vendor to RS 15000 and incentives of RS.5000 and deducted Rs.3000 as penalty so finally paid to vendor is Rs.17000. please let me know the journal entry for this.

1733

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IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?

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What is accounting ethics?

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Why companies are issuing their shares at premium and discount? What benefits the companies and the investors can get in both the cases?

1899

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Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1917

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What do you debit and credit if discount allowed is underrated?

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What is journalizing?

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how sales invoices adjusted against advance received from Debtor?

1898

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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.

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There is no item category assigned to account

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what is book building

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our cheque to Arshad Khan was dishonored?

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can any body tell me the procedure to learn accountancy with easy tips.i.e., layman accounting policy and rules of debit and credit.

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