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as we are working in erp jd edwards in this the company gives advances to their employee for expenses n receives the amount either by cash or receives the same by deducting the salaries wt type of accounting entry will be passed
3 6388what is mean by preliminary balance sheet and how did prepare the balance sheet what is the meaning of single entry & double entry system
1 10976Please let me know in which Section we can disallow loss on sale of assets which has been debited in profit and loss account
1 4119ram is withdrawn goods for personal use(sales price RS.600,Cost Price Rs.500) how to pass entry
4 22146Post New Accounting General Questions
my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz
What is account payee cheque? Expand ctc cheque?
in terms of accounting the trial balance when is it taken?
What is cotangent Account?
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
The following information is extracted from the audited books of accounts of a chain of food stores for the period ended 31st December 2015. Revenue Statement (Trading and Profit and Loss Account for the year ended 31st December 2015. BWP’000 BWP’000 Sales 460 Cost of good sold (220) Gross profit 240 Wages 50 Other expenses 30 (80) Net Profit 160 Note: The purchase figure included in the cost of goods sold of P255 000. Balance Sheet as at 31st December 2015 BWP’000 BWP’000 Fixed Assets 400 Current assets: Stock 80 Debtors (trade) 120 Bank 400 ----- [600] Current liabilities: Trade creditors 300 ------ [300] 300 Net Assets 700 ==== Financed by: Share capital 600 Revenue reserves 100 ------ 700 Shareholders Funds 700 ===== Required: (a) Calculate the following accounting ratios: (i) Current ratio (ii) Acid test ratio (iii) Stock turnover (in days) (iv) Debtors turnover (in days) (v) Creditors turnover (in days) (vi) Return on capital employed (ROCE) (vii) Gross profit percentage (viii) Net profit percentage (b). Give a brief comment on the performance of the company, based on the above ratios.
Explain me how much mathematics knowledge is necessary or required in accounting?
What is Prepaid Entry
what is the format of salary slip when basic , D.A.H.R.A. ,conveyance allowence , concluded and in deduction part P.F. E.S.I. & P.Tax.
What a deferred asset is and give an example?
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
what is basic general accounting.
what are the disadvantages of back-flush accounting?
What do we mean by purchase return in accounting?
What is difference between Cash Flow and fund flow
