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what is the core accounts
Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?
What is miscellaneous expense and when it is used
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.
Give me the asset revaluation (at the time of asset value increase & decrease) journal entrys?
what is status report? and flow report?
differnce between the 4.7 & 6.0 versions?
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.
How can a shopkeeper maintain the daily data in tally
Short Answer on _____________Accident Insurance
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
plz send me hsbs finance questions asked in the interview ans appitude also
What is the content of purchase order? n content of voucher? what is the main use of voucher.
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
