Answer Posted / litu

GOODWILL IS THE REPUTATION OF THE COMPANY,
IT IS AN INTANGIBLE ASSET,
IT IS MOSTLY IMPORTANT FOR THE COMPANY BECAUSE GOODWILL CREATE COMPANY'S BRAND IMAGE NOT ONLY IN THE MIND OF CUSTOMER BUT ALSO ALL OVER THE WORLD.

We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

1616

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what is the difference between financial accouning and financial management?

1730

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How to caluculate the value of Corporate Profit, the value of personal savings and the value of indirect tax?

1459

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Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

1746

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Name the Accounting Concepts

1729

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• What is depreciation and the method?

1591

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Define Payee

1628

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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.

3757

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what are the financial ratios that a manager see in accounting?

1496

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What are the things are not Included in Annual Reports?

1601

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Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

1775

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Expand ________FOR

1725

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In SAP FICO How many ways we are Procuring the assets in the Company?

2164

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what is mean by ledger

3053

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distinguish between Bill of Exchange and Promissory Note

1767

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