Answer / sivaparvathi

Assets in balance-sheet are broadly three types
1. Fixed assets
Eg: land &building, Plant&machinery,furniture etc.
2.Current Assets:
Eg: stock, cash at hand, cash at bank,bills receivable,debtors,pre paid exp.etc.
3.Fictitious Assets:
Eg:goodwill, patents etc.
Liabilities in balance sheet are 2types:
long term liabilities:
Eg:capital,shareholder equity,debenture etc.
short term liability;
Eg:bank loans, bank od, creditors, bills payable etc.

Answer / deepashree p

 fixed assets - land & building ,plant & machinery ,good will ,patents,copy writes
current assets - cash in hand , debtors , bad debt ,cash at bank
fictious assets - miselenious expenditure ,discount on expenditure

liabilites
share capltal
reserves & surplus

creditors

Answer / raghuvstar@gmail.com

At Assets Side

Cash Balance
Bank Balance
Closing Stock
Customer Receivables

At Liabilities
Bank Od
Sundry Creditors /Outsider Payable s
Any Provision/Outstanding

define the REVENUE

2 Answers  

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when i am running the bank statement import program in reconciliation module, in the program parameters when i try to select the statement numbers, the fields were showing the list of values contains no entries. Please help me out..

0 Answers   IBM,

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EXPAND_______________URPF

2 Answers  

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The Trial Balance of M/S Ram & Co,Shows chosing stock of Rs,30000. It will be recorded in: - .................. (a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet; (d) Both (a) & (b)

4 Answers  

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Anyone whose sbi interview has been over , please share all the question asked by them

0 Answers  

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How to calculate bank's turnover?

11 Answers   Banking, DCCB, District Cooperative Central Bank DCCB, HDFC,

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Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000

0 Answers  

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Name some errors which are not disclosed by trial balance

6 Answers  

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What is debit side of dividend?

2 Answers   Franklin Templeton,

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4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470

0 Answers  

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Is commission considered bad debt or variable cost?

2 Answers  

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what is IRP?

5 Answers   Bank Of America,

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