what is Sums on Finalization of Accounts?
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i am called for interview but im getting confused wt sort of questions i wd have to face,its a bank job and post is cash ofiicer please help me.
Define the PROFIT.
What is meant by consignment
Which document should be attached with purchse & sales invoice?
EXPAND_________VAN
Whast do you mean by diversification? Is it related to risk?
what is global currinces
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Actually we had Posted P.V.C bills to Indian Railway the total bills amount is Rs.10,00,000/-, and government had passed only Rs. 8,00,000/- and gov. had said that there are no more P.V.c bills are lying outstanding in their a/c, so for now are claiming Rs. 2,00,000/- as loss on sale, i m totally confused what would be the impact on the Profit and loss a/c , and in which group it will come,if I do a entry of:- dr. Central sale @12.5% a/c Rs.2,00,00/- Cr. Loss on sale a/c Rs.2,00,000/- or Will i adjust the Cst@12.5% on Pricipal Value, or will i pass on the entry on total amount i.e Rs.2,00,00/- Plz guide,me soon.
Any two difference of Trading and Profit and loss A/c
what is differred tax liability? explain in detail with some example.
whts is the meaning of over cost and under cost, what is difference ?