Carriage outwards will appear on -----------side of---------
Answers were Sorted based on User's Feedback
profit and loss accounts and the side of the debit
Is This Answer Correct ? | 11 Yes | 3 No |
Answer / zanna bukar baruwa
Carriage outward is the cost of deliverence of good,so it
is an expences to the company.therefore,it should be
written-off and take it to income and expenditure account
as espences.
Is This Answer Correct ? | 4 Yes | 1 No |
Answer / vasu borada
carriage outward is expense which has been incurred aftr production so it comes it P&L a/c,expense we shown on debit side as per accounting rule.
Is This Answer Correct ? | 1 Yes | 1 No |
What is Total Expenditure?
what are adjusting entries? and why we are dioing it?
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem
WHAT IS DIFFERENCE BETWEEN TDS AND TCS?
Expand---------ODMT
What is meant by Repo Rate and Reverse Repo Rate.
28 Answers Andhra Bank, Capital IQ, Idbi Bank, Search Enterprises, State Bank Of India SBI, WNS,
sir, can u pls tel me about second round interview in state bank of india
1 Answers State Bank Of India SBI,
give journal entries for the following jan-1 started business with cash 50000 & loan 80000
expand S T P
what are the security data points
What is the TDS ratio applicable on professional fees?