If a company purchase the goods for rs. 100 and intends to Sell it for 200. What is the journal entry for this?

18 Answers   Cap Gemini, DataMonitor,

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i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp

1 Answers  

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what is 'operating and non operating expenses?

2 Answers   BA Continnum Solutions,

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Mac Purchased on 15th Jan 12000/- 30th June Machinery damaged due to Fire Accident 31st Dec received the Insurance Premium 13000/-. Pass the Journal Entry for all the above three

23 Answers   Genpact,

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Whatis the Journal entry for advance payments and advance receipts from Debtors and creditors

14 Answers  

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What is VAT & how much vat percentage?

4 Answers   Cummins, Genpact, Sheel Enterprises, Suvarna, XYZ,

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Expand--------MDC

1 Answers  

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expand L R

1 Answers  

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What is Goodwill? If it is treated as asset in Balancesheet then what is on its opposit side i.e. liability side.

10 Answers   PCE, TCS,

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Concept of NAV and its formula?

4 Answers   Mellon,

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Why we reconcile our debtors? what steps we taken during reconciliation.

0 Answers  

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What is the Memorandum voucher?

1 Answers   Ramco,

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