Answer / motilal

Purchase order is not a Transaction in accounting, it is a
process for confirmation of purchasing that after receiving
goods you can no deny for purchasing.

so, There is no entry for purchase-order.

How bank reconciliation statement is prepared

3 Answers  

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What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956

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I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

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How do you prepare mis reports?

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whether allowances will be included in calculating esi from gross salary

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WHAT ARE THE LIMITATIONS FACING ACCOUNT CONCEPTS AND CONVENTIONS?

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 You are required to calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

1 Answers  

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your company by machinary for Rs 3000000/-, what will be the maximum term lean avaible form bank?

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What are time sheets? How are they maintained?

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what is entry for salary paid in advance ?

31 Answers   Capital IQ,

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When the closing stock will be reflected in trial balance & at what value

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what is t code of gr/ir report?

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