why the net profit arises on the debit side of profit and loss account wen the nominal acount rule states debit all expenses and losses and credit all incomes and gains

1 Answers  

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whats difference between manufacturing account & cost account

2 Answers   Kurlon,

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What is ppe in accounting?

0 Answers  

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Entry of advance tax

7 Answers   AB Group,

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What is Prepaid Entry

0 Answers  

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which is the first bank established in india?

1 Answers   IBPS,

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What is Sweep Account?

2 Answers   D&B,

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Purchase Goods worth rs.1000/ icluding vat of rs 40/ & Service charge receive 1000/ including service charge rs 123.60/ What will be entry in Tally? Please Define me?

0 Answers  

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Golden Rules Accounts (15th nov-2009)

8 Answers   Ernst Young,

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what is idealcapital?what should be the ideal capital for indian organisations?is it different from firm to firm?

0 Answers   ADP,

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1. our co., start from 20.05.10 but at the time to till our capital invested m.d spend Rs:98000 as food,refreshment,rent guesthouse,travelling exp e.t.c., now we want to return to him (i.e) all the expenses (amount will pay may be 17.08.10, how to account it in tally for the expenses of M/D . and payment entry. I need the help

2 Answers  

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I had this interview in 09. The interviewer kept on asking this question. Why do you want to join JP Morgan chase? can any1 give me a good answer...???

2 Answers   IBM, JPMorgan Chase,

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