what is Investment Fluctuation Fund? is it reserve or provison?

9 Answers   Colgate,

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1.an Asset costs $ 10,000 and has a net book value of $ 100, and an estimated life of ten (10) years, what would be the annual depreciation using the straight line method?

1 Answers  

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A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500

0 Answers  

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Reconciliation a/c in SAPM ERP

1 Answers   Olympus,

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journal entries.. 1. sold goods for cash $2500 2. sold goods for $5000 on credit 3. received from customer 4. paid creditors $5000

3 Answers  

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"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

0 Answers  

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what is entry for depriciation

1 Answers  

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If we withdraw cash from OD account, is it contra entry or receipt entry

1 Answers   Zacher Company,

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we are going to purchase of new office. what is accounting entry for it if we made adv to party , some part payment paid to party. pls tell me & under which group ledger will come

3 Answers  

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What are the request will be submitted at the time of running payment batches

0 Answers   Accenture,

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If you are a well experienced accounting personal and you apply for a job, what is that you will look in a firm before joining as the market is recession hit.

2 Answers   DELL,

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What are the steps to take before you approve an invoice for payment?

0 Answers  

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