While preparing BRS, if we find difference in cash book
with bank statement,we rectify the entries after that where
it is posted which is rectifyed? it is posted in cash book
or other separate book?
Answer Posted / michael arkoful
it is posted in another book called the adjusted cashbook
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
how standard costing techniques are applied in manufacturing sectors
which are the basic princeples of accountancy... with examples
1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
Who to create a budget on software company
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
what is the meaning of Processing Vendor/Employee payments
Suppose the production is more and sales less then what will happen
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
What is DRA in bank reconciliation.
emplementation of accounting standerds in Bangladesh, developing or copieng?
how an accountant can do budgetery controls of expenses?
Expand-------------BRTS
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com