what Trial Balance? state the difference bewtten Gross Trail
balance & Net trail Balance?
- 5 Answers
- 20581 Views
- I also Faced
- E-Mail Answers
Answer Posted / ullas patil kulkarni
It is an statement which shows the all assets&expenses in
Debit side and liablities&incomes in the Credit side of the
statement.
| Is This Answer Correct ? | 5 Yes | 2 No |
Post New Answer View All Answers
Nature of training account with reason
What will be the consequences if the partnership is not registered
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it
Expand-------NSAC
Interest earned on investments is an__________
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????
What is meant by consignment
what is GL Balance
Short Answer on ___________fluctuating capital
can payorder be issued for outstation?if yes then how?should it be account payee?
my qustion is what is H foam and where use
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
EXPAND_________SDJMC
what tax will be on puchasing of sweets and is necessery to use form 38.
