describe the rule of garner vs murray and how it relates to the dissolution of a partnership

1 Answers   Chevron,

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How can you explain the basic accounting equation?

0 Answers  

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What is the journal entry for sundry debtors

6 Answers  

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TDS mening

4 Answers  

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Explain me the difference between accounting and auditing?

0 Answers  

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1. During the current period, ABC Ltd sold 60,000 units of product at Rs. 30 per unit. At the beginning for the period, there were 10,000 units in inventory and ABC Ltd manufactured 50,000 units during the period. The manufacturing costs and selling and administrative expenses were as follows: Total cost Number of units Unit cost Rs. Rs. Beginning inventory: Direct materials 67,000 10,000 6.70 Direct labour 1,55,000 10,000 15.50 Variable factory overhead 18,000 10,000 1.80 Fixed factory overhead 20,000 10,000 2.00 Total 2,60,000 26.00 Current period costs: Direct materials 3,50,000 50,000 7.00 Direct labour 8,10,000 50,000 16.20 Variable factory overhead 90,000 50,000 1.80 Fixed factory overhead 1,00,000 50,000 2.00 Total 13,50,000 27.00 Selling and administrative expenses: Variable 65,000 Fixed 45,000 Total 1,10,000 Instructions: 1. Prepare an income statement based on the variable costing concept. 2. Prepare an income statement based on the absorption costing concept. 3. Give the reason for the difference in the amount of income from operations in 1 and 2.

3 Answers  

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If we don't use Contra Book, instead which book is to be operated CASH BOOK or BANK BANK for: e.g.Cash withdrawl from Bank or Cash deposited in Bank

1 Answers  

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Diffrence between Statutory Audit & Internal Audit

2 Answers   Goldman Sachs,

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what is mean by preliminary balance sheet and how did prepare the balance sheet what is the meaning of single entry & double entry system

1 Answers  

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what do you mean by derivative ?

4 Answers  

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Ledger

2 Answers   Bank Of America,

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What is RETURN OF ROC

5 Answers  

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