Answer Posted / dharmesh sati

Bad Debts A/c dr. (Expense Account)
To Provision for Bad & Doubtful Debts Cr (Liabitlity
Account)

What is the difference between General Ledger and Ledger?

923

---

Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

3240

---

Define "book value" as applied to accounting

593

---

i wana give an interview as sr. excise officer what r the question will asked by interviewer ??? Please suggest me so I can clear inteview.thank u

5167

---

I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.

1505

---

---

How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??

4889

---

What does overhead mean in regards to accounting?

658

---

Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

1282

---

Why some asset accounts have a credit balance?

647

---

Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method

1561

---

Why have you applied to our firm?

630

---

consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

932

---

Explain what makes a successful account manager?

625

---

What is recording damage inventory in books of account?

619

---

Differentiate between provision and reserve?

660

---