What is liabilities and what all does include in current liabilities?
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What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
WHY U HAVE CHOOSE ICWA WHY NOT CA
how will be the entry of service tax on freight?
Reports in Accounts Payable
why should we treat closing stock credit side in trading account , and why the reason the closing stock should not appear in the trial balance ?
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what is addition of Opening Balance and net profit transfered from profit and loss account called
Difference between expense and expenditure ?
Why loss shown in as Assets in Balance Sheet?
what is difference between capital reserve n reserve capital?
Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c
Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy
in tally how to enter cheque receipts and cheque payments