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Why is it necessary to prepare Asset Disposal Account?
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sir, some body tell me how i treat the abnormal fire loss stock :-our company suffer a fire loss during goods in transit (goods were hold at warehouse and fire occured) now how i account for the loss and what type of ledger should i create and under which group
what is entry godds drwings in personol use my point of viwe is drwaings ac dr To goods
What does the abbreviation m mean in accounting?
How we change the Opening Stock or Closing Stock of any item in tally?
what is red ink interest
1 Answers ICAI, NTTF Nettur Technical Training Foundation, Wipro,
What is a Funds flow statement?
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
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
How to determine the market value of a company and what factors are relevant to determine if the company is a viable investment in the long term?
what stock transfer applicable in sister concern unit.
Where it will effect in the Balance sheet, Rs. 5000/- of Bad Dept ??
why the closing stock arises in the trading account of final accounts
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