Answer / aftab alam

credit card is the facilities given by respective bank to the card holder for payment made in emi,purchase by the customer.

sir.i jitendra surati have a query.aboutloss settelment. i have loss of capital rs 26000/ and mr friend have loss of rs106000/- as capital. how to compensate the loss by sharing?how many i have to give to my friend ? (A)26000+106000=132000 and i have to give him 66000? or 40000 rs?

1 Answers  

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WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.

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What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?

2 Answers  

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Expand -------CCIL

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EXPAND______________PTI

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

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who are minority share holders or what is minority shareholders?

2 Answers   Thomson,

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what is trading Account ?

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what is the present rate of TDs

0 Answers   Accounting,

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what is difference between matching principles and accrual basis principles?

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wht is INSTITUTIONAL INVESTMENT?

2 Answers  

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what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

0 Answers   UBS,

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