Interested to Buy Any Domain ? << Click Here >> for more details...
whats the manufacturing account
- 2 Answers
- 5131 Views
- IOCL, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Manufacturing Account It is prepared to ascertain the cost
of goods manufactured during an accounting period.
| Is This Answer Correct ? | 4 Yes | 2 No |
Answer / anshul yadav
manufacturing account it is prepared cost and quality
manufactured during an accounting period.
| Is This Answer Correct ? | 0 Yes | 0 No |
entry for cash received from debtors
What is the Journal entry for Bad Debt recovered.
In the income statement we may get profit or loss but the name of the statement was Profit and Loss account Why it was so?
1 Answers Satyaki Educational Academy,
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
Whether we add or not the Insurance policy premium of vehicle in asset value?
how we can calculate sundry debtors and crditors a/c?show some examples
Journal entry for Telephone purchased in credit?
Manoj & Mahavir joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Manoj 90000 Withdrawals of Mahavir 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
how much the minimum basic salary to calculate p.f.
what is the responsiblities for accounts manager?
4- What do you mean by journals and journalizing?
Explain me where a cash discount should be recorded in journal entry?
Audit 
