accounting principles, accounting concepts,meaning of
managment and financial accounting and cost accounting.
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For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
for an inter branch bank transfer (sbi to sbi)what entries should we pass?
WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS UNDER :. SUB TOTAL = 428325.45 VAT @12.5%= 53540.68 Additional vat 1%= 4283.25 ORDER DISCOUNT = (9722.99) ROUNDED OFF = 0.39 -------------------------- NET AMOUNT = 476426.00
when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.
Entries to revenues accounts such as service revenues are usually?
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
asset = liab + equity , Asset = 120000 + 1 third of asset. what is asset value.
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