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Audit (531) - CompanyAffairs CS (172)
- Taxation (2208)
- Accounting General (3976)
- Oracle General Ledger (64)
- Accounting AllOther (4595)
What will be general entry for VAT or Sales Tax paid to government in cash for an Financial year?
1 3827Till the Discounted bill is paid by acceptor it remains. 1) A contigent liabilities for the acceptor. 2) A contigent Liabilities for the Drawer. 3) A contigent Liabilities for the bank 4) A contigent Liabilites for drawer
2 7981Net Worth is: 1)total Assets less outside laibilities 2)Total liabilities plus owners equity fund 3)Current Assets less current liabilities 4)Total accumalted profit less liabilities
1 4490when cash recd. for services rendered in the past: 1)owner equity increase 2)current assets increase 3)profit increase 4)none of the above
2 5819when an endorsed bill dishonored, for the endorsee, it become the laibility? 1)of the drawee 2)of the drawer 3)of the payee 4)of the indorser
1 3819life memebership fees receved by an non profit organisation is treated as: 1)Revenue Receipt 2)capital receipt 3)deferred revenue receipt 4)both revenue and capital receipt
1 3818.........method of stock valuation considered the purchase price of stock which intered the godown last. 1)fifo 2)lifo 3)weight average 4)all the above methoed chose the correct answer?
1 3065The trial balance cheks: 1)Arithmetical mistake 2)honesty of the book keeper 3) valuation of the closing stock 4) nature of the business
3 5595expenses incurred in the formation of the company are show in : 1)debit side in the profit and loss a/c 2)as an assets in balance sheet 3) as an liabiliies in balance sheet 4) credit side in profit and loss a/c
2 4183shyam consigned 200000 unit @ rs 5/-each to mr ram and paid freight and insurance amounting to rs 100000.ram spent further following amount: 1) insurance rs 5000 2) godown rent rs 4000 3) clearing rs 6000 2000 unit were damages during transits due to heavy rains. Ram sold 100000 unit @rs 10 per unit . ram realisec solvage value of damage unit rs .2000 ram is get 5% commission on sale determine the abnormal loss?
2436
Assume that the real risk-free rate is 3% and that inflation is expected to be 8% on year 1,5% in year 2,and 4% thereafter.Assume also that all Treasury bonds are highly liquid and free of default risk. If 2-year and 5-year Treasury bonds both yield 10%,calculate the difference in the maturity risk premium on the two bonds.
what is profit maximisation
Is transfer Profit / loss account to capital account important in Tally ERP 9 at the end of the financial year? And what is the benefit of transferring P/L account to Capital account ? Please I want someone to answer my question, this is my second question I posted one question 2 days ago also nobody reply to that question. Thank you.
why should we are preparing BRS
Plz Ask from me New Accounting Questions.
can i adusted our vat credit in W.C.T. payable?
Have you ever heard about tds, what it is?
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Could u show me the sample TDS Document / Template
What do you mean by Bill of Exchnage.How to manage ? Explain
Tell me an example of a tough decision that you had to make?
How will service tax & excise be charged?
List out some of the accrued expenses and the accounts in which you would record them?
How to do an internal audit effectively?
My question is.. I Received the amount from party through the bank. example. 1. Actual received from party $1000 @ 32.70 = 32,700 baht(service charge included ) 2. Bank Charge 500 baht 3. Given the credit to pary $ 1000 @ 32.50 = 32,500 baht 4. and bank charge 500 debit on party account also. .... For the First three transacion on account bank account dr 32200 bank charge dr 500 party cr 32,500 ex. fluxation cr 200 how can treate the 4th transaction. thanks in advance
