What are all the items come under P&L and Balance sheet?
Answer Posted / v
All revenue nature items will come under Profit & loss
account. All capital nature will come under Balancesheet.
| Is This Answer Correct ? | 76 Yes | 21 No |
Post New Answer View All Answers
Expand---------DBPC
I need all WNS interview questions
What are the major responsibility's of an accountant? what are the qualities he /she requires?
what do u mean by arrear basic or arrear hra?
what is meant by cash purchase?
Short Answer on ______Transaction
Can you explain about the distinction of Book-Keeping and Accounting
how to prepare HSD statements in tally
what are the certificates needed at the time of SBI clerical interview?
why would you like to opt nbp
what is data entry? what is report generation ?in accounting how it is used .
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
Can I freeze my account?