Answer / prasant m

We have done some expenses but invoice or bill not yet
received but expenses related to current month for that we
passed an entry against those expenses with approximate
value or previous comparison value ,it is an activity
perform end of the month we say month end closing activities.

what is credit balance of bank define briefly???

14 Answers   Genpact, HDFC,

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What is Bank Reconciliation Statement

1 Answers  

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what do you h.s.b.c

1 Answers  

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definition of bank guarantee and use

2 Answers   Godrej,

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Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem

3 Answers  

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Any Two difference Between Debenture and bonds?

9 Answers   ABG Shipyard, Ecofast, Syntel,

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Who is Home minister of India?

5 Answers   Genpact,

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What do you think you do well?

10 Answers   AVV, Bank Of America,

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helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

0 Answers   ONGC,

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What Are The Characteristics Of Modern Accounting?

0 Answers  

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Capital secure should be shown in which side of the balance sheet???

3 Answers   ICAI,

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why we use the term profit and loss account instead of profit or loss account

1 Answers  

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