whats the sales tax slab and company's turnover
professional tax slab
Difference between Journal and Journal Proper???
what s account
X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT
IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR
CITIZON, HOW CALCULATE IT?
WHERE WE CAN USE VAT 5%,14.5%
All Interview related Questions pertaining to General
Ledger,Finance & Accounts.
what single discount is to2 successive discount of 10%& 15%
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR
ACCOUNTS OFFICER TEST OF B S N L
What is Capital Commitments means?
what are different inventory and stock.
Pls let me know Job profile for Account Manager.
In the case of stock transfer from one branch to another
branch any reverse credit is applicable.
if at the end of the year cash book is showing debit balance
whether it is meant that cash is not deposited after deducting
expenses in bank and it is in hand and we should deposit in
The following transactions relating to ABC Ltd for the month
a) Services performed in relation to income recieved in
advance total $1500
b)Supplies expense includes $400 of supplies that are still
on hand at 30 June
c)Interest accrued on the bank loan is 750
d)At the end of june paid rent for 3 months (June, july Aug)
e)Credit sales for the month of June 2009 amounted to
$50000. Past expierence shows that around 1.5% of net credit
sales are written off as bad debts. XYZ ltd, previously
notified ABC ltd that they have gone bankrupt, will be able
to pay $1000, which was recieved at the end of the month.
The provision of doubtful debt has an opening balance of
f) The owners of ABC Ltd wish to revise the balance of the
provision of doubtful debts account to $3500.
g) Depreciation of one year on the delivary van is $1500.
h) On 30 June 2009, ABC Ltd sold an item of equipment for
$40000 cash. The cost of equipment was $50000 and had a
accumulated depreciation balance of $2000
Prepare the relevant adjusting journal entries for the month
of June 20x2
Give ONE reason for Balance Sheet to be out of balance