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matching concept , going concern concept
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What do you think is a bank reconciliation statement?
How is the accounting for hire purchase transactions done?
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
What is short term solvency ratio?
purchase of Rs 1000 were rejected and returned,however vendor returned Rs 800 and balance Rs 200 is charged to sundry exp A/c
If closing stock is given in adjustments, how we show in tally 9.0 ?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
my assessment says that I must post a dishonoured cheque in the general journal not a specialised journal how would I write that I know bank would be credited but what account would be debited???
What is depreciation and how many types are there. Please give details?
BRIEF IN DETAIL REGARDING RATIOS
Define offset accounting?
what is capital reserve
Do you know executive accounting?
What is cotangent Account?
