what is different between leaser of subsidary book and journal?

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the following information wads extracted ffrom the book of a business man :debtors as on 31/12/1987 $25000 bad debts during 1987 $1000.provision for doubtful debts is to be maintained at 5%. a provision for discount is also at 2%. you are required to calculate the amount set aside in respect of provision for doubtful debts and provision for discounts on debtors respectively

1 Answers  

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Explain fictitious assets?

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Hi guys, in my company, have a recruitment for junior accounts executive(2 to 4 years only).. For 10-15 positions, if any body interest pls send your resume to my mail id... Remember, any body from manufacture or construction field 1st preference...Definitely i will help u.Send ur resume to "mukeshreddy37@gmail.Com" immediately

3 Answers   bscpl,

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What is C & F Activity ?

2 Answers   Birla,

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What is the treatment of claim settled by insurance company but still receivable in profit and loss account

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Golden Words Of Accounting?

3 Answers   UTC,

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What is s bank reconciliation statement? Give an ex where the Bank book and d cash book will not reconcile?

10 Answers   CBSE, Genpact,

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Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

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List out the stages of double entry system?

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what means accounts

1 Answers  

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how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..

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