Answer Posted / jayant chillal

Bills Receivable- Receivable against sale of goods/service
provided to the coustomer called S.debtors.
Bills Payable - Payable against Purchased goods or service
received from the party called S.creditors

Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.

1913

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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1900

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What are the general Ledgers?

1963

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Expand--------CMTS

2399

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selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

2032

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I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

2083

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Do you need an income statement if you do part time contract work at home?

2191

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Explain Cash Basis of accounting

2071

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Can anyone mail journal entries for me? my Mail id rukmini@live.in

1923

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what is corporate accounting?

2115

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What was the most chlleging task you face while working in SAP FI/MM and how did you solve?

1962

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can u let me know how the bankers calculate interest on O.D.account

2135

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Give a brief explanation of the fundamental accounting concept of prudence

2266

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what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching

1903

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write about an e-mail to manager seeking permission for leave

4833

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