Answer Posted / karim

Prepaid Insurance Dr 10000
Bank Cr 10000

Every Month End
Insurance Dr 834
Prepaid Insurance 834

In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.

1872

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If balancing account is not assigned to company & is assigned to department wat will be the effects

2013

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Tell me what is the master account?

1150

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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.

4831

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Mention your extra-curricular interests. Which do you actively pursue? How do you see these developing in the future?

2342

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What was your average accounts receivable days outstanding/days sales outstanding?

1078

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as  per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

2532

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what are the processes of account reconcillation

2077

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what is penaultimate sale

2051

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hi i want to run vendor debit memo after he paid all amount i want to give discount through miro i am giving the price and quantity and run in through miro the system will pass another two more line iteams extra and shwoing dr/cr balance +/- when i will increase the amount this is also increasing what is the reason i dont know please send me immediately

1939

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If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B

4887

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What was your most complicated sales cycle in past positions?

1298

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Regarding vat return,I have 3 units can i return at a time for 3 units vat return only one vat form. Kindly suggetion the same how to do.

3269

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Explain purchase day book.

1086

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Define executive accounting?

1187

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