how are the 3 financial statements related to each other?
1) trading a/c
2) profit & loss a/c
3) balance sheet
| Is This Answer Correct ? | 10 Yes | 3 No |
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
diff between eqiuty share & preference shares
WHAT IS MIBOR? KINDLY EXPLAIN IN DETAILS?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
New emlpoyee was joined on 15th Jan and salary paid on 28th Feb amt of Rs.20000/- and asked to give the Journal entry for the Month of Jan, Fed and March (His Monthly Salary is Rs.8000/-)
Concept of Derivatives and types?
FIND OUT wht is the price of 1kg rice , if total production of rice 15MT @35000/-(metric tunns)it includs vat 4%,excise tax 10%,fright 3000/-.
What is difference between traveling and conveyance?
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Questions on Purchase Book & sales Book .Balance sheet , Purchase & Sales Return
What are the legal entities that constitute your business? Does a legal entity have a seperate Federal Tax Id? In which country does a legal entity operate? In which currency does a legal entity operate? When does each legal entity's fiscal year begin?
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