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what is live stock?
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Answer / sourabh
live stock is like a closing stock which stock we have in
hand means we used those stock u can say it is live stock
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Answer / sandeepkumar_thakur
live stock is an item of balancesheet not of profit and loss
account.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sonam sharma
Live stock like a closing stock which have remenaing ending
the year of accounting.after than we are use like a opening
stock for the new year accounting.that's live stock
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why opening stock posted in the credit side
How to identify deductee types(AOP, AJP, BODY OF INDIVIDUALS,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
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Why do balance sheet always have same total of Assets and liabilities..??? pls ans dis...my id is business.ankita@gmail.com
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