Answer Posted / ashid puzhakkal
I already given the correct formulaes. The answer given by
alok chandra ray is not related to formulaes. Definitely,
ur answer relates to rules of accounts, based on
traditional approach or British approach. According to
British approach, there are 3 types of accounts, namely,
personal, real and nominal. According to American approach,
there are 5 categories of accounts, namely, assets,
liabilities, capital, revenue and expenses.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
Erection and Instalation charges of Rs 7500 to Lift was debited to repairs and maintenance account. Rectify it
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
what are the different kinds of cash books
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
Entrance Exam question & Answer required
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
What is Accounting on Computers
Feature of Master letter of credit of Garments manufacturing company?
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
intorduse your self ? what to say if iam fresher.
what is transposition-cum-demat?
