Which balance for profit ? debit or credit? also which balance
for Opening Stock?
Answer Posted / nawal kishore ojha
Ccredit balace for profit
debit balance for opening stock
Is This Answer Correct ? | 15 Yes | 0 No |
Post New Answer View All Answers
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
please give me a last 10 years sbi clerk question and answer paper
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
Is WCT paid to be considered as overhead during costing in construction firm?
EXPAND______________ICT
what is general HR?
what can increase gearing?
emplementation of accounting standerds in Bangladesh, developing or copieng?
HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.
• What is depreciation and the method?
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
EXPAND___________NBFCS
Can u please give me example of bonds? is National savings certificate a Bond?
ACCOUNTING CONCEPTS AND CONVENTIONS
1.tell about urself? 2.wt is BRS? 3.VAT? 4.Golden principle of accounting?