Answer / mallesh. charmala

Accounts is concerned with the recording of transactions in a systematic manner.

Finance is concerned with the raising of funds to meet the various cash flow needs of the organisation.

what is Sums on Finalization of Accounts?

0 Answers   EDS,

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I want to know with example of vat & Salestax

0 Answers  

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what is diff between accrued and Outstanding Account?

2 Answers   Ramco,

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i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

0 Answers  

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EXPAND___________ILO

4 Answers  

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Who prepare income and expenditure account and for what?

9 Answers   Scope International,

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expand C M P F

1 Answers  

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Expand ------DCGI

1 Answers  

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Accrued. What is it? Explain the word

3 Answers   INA Bearings,

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How can a shopkeeper maintain the daily data in tally

0 Answers   Telco,

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The 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 Answers  

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40. If revenue was $70,000, expenses were $59,000, and the owner’s withdrawals were $25,000, the amount of net income or net loss was: a) net income of $11,000 b) Net income of $36,000 c) Net loss of $59,000 d) Net income of $70,000

3 Answers   Capmark,

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