Answer / srinivas siripuram

Financial transactions are maintained on a periodic basis.
We measure the assets, liabilities, and owner's equity at a
given point in time, which is usually done at least on an
annual basis. To do this income needs to be measured during
the intermittent period.

Answer / kriza

Financial transactions are maintained on a periodic basis.
We measure the assets, liabilities, and owner's equity at a
given point in time, which is usually done at least on an
annual basis. To do this income needs to be measured during
the intermittent period.

42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.

2 Answers   Amazon,

---

Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

0 Answers  

---

What is Inventory Control?

2 Answers   Industries Promotion Officer, Lanco,

---

what is merchant banking ?

2 Answers  

---

How can a company reduce profit

0 Answers   ACC,

---

Depreciation, What type of cost? Direct cost or Indirect cost?

17 Answers  

---

what is the formula for profit margin?

7 Answers   Capital IQ, Nalco,

---

example of SOP

0 Answers  

---

list out the accounting concepts and explain the accural concept

10 Answers   Capital IQ, College School Exams Tests, SNE,

---

What is the difference between Manufacturing Account and Trading Account?

3 Answers   IBM, TATA,

---

1.how can carry forward the balance of ledgers to the next financial year in tally erp 9

0 Answers   Hyson Motors,

---

what tax will be on puchasing of sweets and is necessery to use form 38.

0 Answers  

---