can we adjust margin money paid to bank to open a Bank Guarantee in stock statement while calculating Drawing Power
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We may get profit or loss from business. If so we can name the statement as Profit or Loss account. But since a long time we are naming it as Profit and Loss account. Why?
what would be the journal entry for outstanding salary of 15000 paid by advance salary of 25000??
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when a customer buys a good. we have to debit bank and credit inventory equaly. but wouldnt selling a good make a profit?
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
entry for cash received from debtors
How can we create compound unit(eg:pkt of 10 nos) in Peachtree accounting software?if u know the answer,plz post it. by Libin kulamuttom
on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
Where is Profit and Loss posted in a balance sheet?
what is current rate of excies duty for a manufacturing company?
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Mention the types of accounts involved in double entry book-keeping?
for an inter branch bank transfer (sbi to sbi)what entries should we pass?