Answer / sayooj

Compared to B-Com,nothing in MBA finance.Eighty percentage
of MBA-Finance deals with Management of Financial
aspects,and remaining twenty deals with accounting ....

Answer / guest

Obviously...........

I have paid an advance for a supplier against delivery, Say Rs.500,on 20.2.2010. Later on 3.3.2010, I settle the balance of Rs.1500. How can i account this in tally?

7 Answers  

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give me some simple examples of personal account, real account, nominal account

2 Answers   TATA,

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Categorize the following journal entry in Real A/c, Nominal A/c and Personal A/c: Goods worth Rs.10,000/- destroyed by fire and the insurance company admitted the claim for Rs.8,000/- Insurance Claim A/c Dr. 8,000/- Loss By Fire A/c Dr. 2,000/- To Trading A/c 10,000/-

1 Answers  

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How to create Donation entry In tally? Company donate Rs. 250000 to TATA MEMORIAL HOSPITAL

7 Answers   Sigma IT,

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Can we Put "TAX INVOICE" in the sale in Transit (E1) Invoice.

0 Answers  

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What is the accounting entries for future dated payment method

3 Answers   Accenture,

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Name Financial Institutions available in Indian Industry to meet financial needs ? and their objectives ?

0 Answers  

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why u maintain accounts in business

2 Answers  

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what are the entry for payment of city bank credit card through hdfc bank in tally 7.2 ?

2 Answers  

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cupboard chairs are assets or indirect epenses ?

2 Answers  

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

0 Answers  

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Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

0 Answers  

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