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opening stock rs.6000 purchases rs.22000 cash sales rs.18000 credit sales rs.12000 calculate closing stock if rate of gross profit on cost of goods sold 25%.
3 5000when we use credit card, then what will do entries in tally erp as a accountant and second question that if he do entry then what will thay keep under the ledger of credit card.
1 2650Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?
1654on 02/05/2013 issued a cheque to third eye ltd of Rs.14000/- in full and final settlement against the due on amount
17791)Why closing stock or stock always a positive balance is any reason for? 2)if i am working in IT company what is my Accrual?
1 3561I have a questions regarding booking transaction. what is I want to loan my company 10k transaction will be recorded as follows "CASH" 10k debit "Payable to partner" 10K as credit. So when I used company debit card for my personal use can I book this as a loan repayment? which means I will have to Debit account " Payable to Partner and credit "Cash"
1 2293In the income statement we may get profit or loss but the name of the statement was Profit and Loss account Why it was so?
1 2499Post New Accounting General Questions
What is control in accounting?
How to make deductions of the employees from salary against the loan in AP module oracle R12
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me
Why current assets Liability said & current Liability Assets said...?at tally ERP9
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
Define dual aspect term in accounting?
Define each Flexfeild qualifiers (natural accounts, balancing acc., secondary tracking, cost center)
Define tally accounting
What is the difference between depreciation and amortization?
How do you maintain accounting accuracy?
what is the difference b/w carpet area,covered area and build- up area and how it is calculated.......
how sales invoices adjusted against advance received from Debtor?
What is the difference between costing and cost accounting?
What are its characteristic features of financial accounting?
