Answer Posted / babhu kanchupalli

Capital reserve is prepared by the capital income......

Ex: profit on sale of fixed assets etc.

Some amount kept aside from capital to face future contingencies is called Reserve capital........

Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.

1827

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How do you classify errors in accounting?

1175

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what is the rate of vat,cst,in mumbai

1701

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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???

1414

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what is opening stock formula?

1605

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Tell me what is the abbreviation for the accounting terms debit and credit?

1028

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please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.

4955

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What does the financial statement of the company include?

1111

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What is purchase returns accounting

1108

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what is a difference between public and private accounting?

1142

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What is the master account?

1033

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What are source documents in accounting?

1077

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why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason

1561

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Hey can any body tell me..What are negative assets?

2096

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How to calculate ESI Please define what include in basic salary and what should be excluded from basic salary

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