our company given party to employees. this expenditure which account head booked ? please tell me
1 3068Our company given party to employees. this expenditure which account head booked ? please tell me
3 4528what is journal entry. Let me have the detailed with example. Also the difference between the journal and payment entry.
3 4900Please let me have the detailed answer about journal entry in tally and difference between sales and journal entry.
2 7112Post New Accounting General Questions
Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.
Definition of push down accounting
Do you know in accounting, vat abbreviates what?
What does the word credit mean in terms of accounting?
whats the sales tax slab and company's turnover professional tax slab
Recall a time when you faced a dissatisfied and aggressive customer. How did you handle it?
total assets are equal to total liabilities in final accounts ?why?
How do you classify errors in accounting?
ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher
what is cost center & cost categories in tally
what is faviourable balance,and overdraf balance in Brs? Give me sms on this no. 9885789716
What are the basic assumptions in accounting?
Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year What will be JV for this year and next year?- Thank you
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
give me examples of the accounting reports you have prepared
