Why do you prepare a P/L Appropriation a/c?

3 Answers  

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sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example

0 Answers  

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A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?  

1 Answers  

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i want to wearies heads under direct expenses and indirect expenses

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why net profit shown liabilities side in balance sheet

9 Answers   DuPont, FactSet Systems,

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hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?

0 Answers  

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A new firm commenced business on 1st January, 2006 and purchased goods costing Rs. 90,000 during the year. A sum of Rs. 6,000 was spent on freight inwards. At the end of the year the cost of goods still unsold was Rs. 12,000. Sales during the year Rs. 1,20,000. What is the gross profit earned by the firm? (a) Rs. 36,000 (b) Rs. 30,000 (c) Rs. 42,000 (d) Rs. 38,000

2 Answers   IMT, Wipro,

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Suppose A company is giving salary to its employees on 10th of every month. So on which date the salary payable entry will be passed/due also tell what will be the general entry for salary payable

3 Answers   Enrich, Wells Fargo,

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Define dual aspect term in accounting?

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who is the customer and vendor?

2 Answers  

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describe any accounting process that you have developed or revised

0 Answers  

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What is the meaning of Stock valuation, and how ?

2 Answers  

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