Answer / ravi

Pay-in —n. = a deposit in an account.

Pay out
—n.
1. An act or instance of paying, expending, or disbursing.
2. Money paid, expended, or disbursed, as a dividend or
winning: He went to the betting window to collect his payout.

which kind of expenses or Income will come under direct expenses or Income ?

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

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what is mean by credit sales?

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Expand---------RMP

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what is service bill and what is the nature of this bill how handle in a firm and how treat thi type entry in tally FOR EXA. SERVICE CHARGE AMOUNT IS = 1500 ADD SERVICE CHARGE @10.3 = 154.50 ADD SURCHARGE @2% ON SERVICE CHARGE = 3.90 ADD CESS EDUCATION TAX 1%ON SERVICE TAX= 0.0309 TOTAL AMOUNT =

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How can entry made if loan transfer from reliance to tata finance

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Exapnd--------RAN

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What is meant by advance ruling? What is the scheme of advance rulings?

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while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

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I have done MBA Finance. After a lot of hard work i got a job as a business Analysist. Is that profile is good for my career? what are the future oppor. for me? Pls help me Thanks a lot

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What is the difference between P/L A/c and Balance sheet? When an adjustment account is prepared?

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most recently asked questions

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