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What will be the journal entry for good lost by fire. How many entries will be passed in the books of account for the same.
29 142676I have an interview on accounts payable.In my CV I have written I have done accounts related work including finalization And i worked on Tally So what kind of questions i am expected to receive in interview.
2 4696Post New Accounting General Questions
WE PURCHASED ONE ASSET,HOW CAN WE CALCULATE EXCISE DUTY,VAT,SERVICE TAX?[IN CASE OF SELLING PURPOSE OR OWN PURPOSE].SHALL WE CLIME CREDIT ON THAT?THEN HOW?
what stock transfer applicable in sister concern unit.
What is an interlocking accounting system?
In 3 way match.....Order qty is 100 and received 90 and 10 got rejected. But the supplier sent an invoice for 100 qty. what are the steps we need to take in SAP. Whether we need to reject the invoice or process with the 90 qty .please explain with real time.
What are the accounting entries for branch accounts?
Private purchases amounting to rs 5000 have been debited to purchases account
Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
What is debit and credit note?
What are the purposes of maintaining control ledgers?
Tell me what steps would you take to increase revenue for this company?
What is the logic behind this entry P & L Appropriation A/c ..........Dr. To Provision for income tax A/c
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
what is the journal entry for gas connection taken by company for preparing tea and coffee.
Why do you want to be an accountant?
