hi ,i need some suggestion,comptd my graduation in 2012,but i
wasted my time for 6 month,just i want 2 escape from this
question,what u did for 6 months,how can i give proper anser
to them?pls suggest me
Richman Corporation has 120,000 shares of $5 par value
common stock outstanding. It declared a 10% stock dividend
on June 1 when the market price per share was $12. The
shares were issued on June 30.
Instructions: Prepare the necessary entries for
the declaration and payment of the stock dividend.
"Closed Period" method.
our current company method of accounting is called the "OPEN
PERIOD". It's time we'd like to use the "CLOSED PERIOD".
What is the standard timing and detailed procedure for
closed period most of the company have been used. Please
Is it possible to change the accounting period under Indian
GAAP from 1/Apr-31March to 1/January-31/December?
There is any restriction in doing that, i mean for example
for fisal purposes?
Thank you all!
what entry can be done for the payment to auditor?
When you prepare Profit and loss A/C either you will get
profit or loss but not both.Then why we are saying it as
profit AND loss A/C,why cannot we say it is as Profit OR
what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item
2.whther errors of omission will affect the trial balance
In Service tax Return ST-3 What is meaning of first Row
(i) Service tax payable
(a) Gross amount received in money
(I) Against service provided
Pls explain in detail
a company recive 5 demand draft in different parties 2 DD
sumittted to bank for collection and it's collected.
what is the closing entry of other 3 DD in the company on
cost of lease=20,000.refundable deposits 2000 (after 4
years).annuity value for 4 years @5% is .2820.find the net
charge to p&l a/c
what type account are below
i got a case study in which theie is a chemical company
group which has 12 companies in all, few in Europe and few
in USA, my question is should i have only 2 COA as per the
standard like US GAAP and IFRS or should i have COA based on
hi to all
what is the usage of legal enitiy in oracle apps r12.
its functions. and why it is necessary plz answer my
question as soon as possible
how to do asset appreciation in sap?
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
Cost of good sold (220)
Gross profit 240
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
Fixed Assets 400
Debtors (trade) 120
Trade creditors 300
Net Assets 700
Share capital 600
Revenue reserves 100
Shareholders Funds 700
(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.
What's the accounting entry when an Invoice is created in
What is finance lease?
What are bonus Shares? entry for it.
What is Depreciation? What is the Journal Entry?
What is DPS?
What is minority Interest? where it is shown?