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Answer / payalgupta
business entity concept treats a business as distinct &
seprate from its owner.This is an accounting principle
which says affairs of owner is seprate from its buinesss
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Answer / sumitra.raghavan
businees and owner r 2 seperate entity
|Is This Answer Correct ?||0 Yes||1 No|
What are the expenses comes uner direct exp
What u know abt mutual funds?
In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
is we purchase any software like installation of MS Windows do we need to capitalize it or post it under head repair & maintenance A/c?
Difference between Debit Note & Debit Memo????????
In which book we can learn in detail of closing stock valuation. And if any site is available kindly help.
what is meaning off PLA IN EXCISE PART.
if current liabity items shown in asset side of balance sheet then whats position of that company
What is the networth percentage observe by banks
can i material bill book in miro without vat on transport charges ?
what is window dressing in final accounts?