what are the differences between Tally and Focus?
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how to see monthly entries in tally7.2
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what is shadow balance?
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closing stock worth is 50000 and grossprofit is 20% how much profit would be accounted towards the nextyear?
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Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
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Where we show the Contingent Assets.
If we follow accrual basis of accounting....will it be in conflict conservatism concept?
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