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What is meant by undercast and overcast in accountancy? Explain with some transactions and their corresponding journal entries.
4 116570The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
1 7485Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572
2407in cash transaction, above Rs.20,000/- is invalid for auditing but what if above Rs.20.000/- transaction is made & how much tax will be paid if transaction is above Rs.20,000/-
1 4073i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.
2259We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
2464Post New Accounting AllOther Questions
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
What are Mortgage Payment Problems?
You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger
What is communicating
please specify some books name in preparing a bank exam apttirutude questions
explain about mergers & aquisitions? asked on 30/7/09
payroll calculation procedure explain completely?
what is sevice tax? on what service tax is applicable. explain with examples?
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
How can you actualize cah flows of 5 years at 8%
Tell me about how you have left a position better than you found it
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com
How shall I calculate the true profit of my business, as I am a layman for accounting.
How do you avoid loss situation
