Answer Posted / naveen kumar

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND Gain
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER

What is the difference between Risk, Threat & Hazard?

1490

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What are direct income and indirect income

1571

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Short Answer on ______________House Rent allowance

1388

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explain the difference between LIFO and FIFO?

731

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Expand---------PED

1613

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Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

1659

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EXPAND_________SEC

1788

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Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.

2623

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In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

1654

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what is the difference between accounts manager and finance manager?

1719

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Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

1961

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what are responsibilities of an accountant in a company?

1614

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how standard costing techniques are applied in manufacturing sectors

1737

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MAY I PREPARE TAX INVOICE FROM MFG UNIT TO RETAILER DIRECTLY?

1465

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hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

1908

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