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sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

2 Answers   HEG, Optimus,

Following information is given to you: Year - Sales - Cost 2009 - 200000 - 205000 2010 - 300000 - 310000 Calculate: 1. P/V Ratio 2. BEP 3. The amount of profit or loss were sales are Rs. 325000 4. The amount of sales required to earn a profit of Rs. 5000 5. Margin of Safety for the year 2010

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Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, Can somebody please tell that what will be the accounting entry from auditor's point of view, If a company receive a bill of Rs. 12000 for AMC of Software for the period from 01.08.2014 to 01.08.2015. bill dated 01.05.2015, what will be entry pass in 01.05.2015 in tally

4 Answers   Nubis,

i want to wearies heads under direct expenses and indirect expenses

0 Answers  

Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

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explain me what steps would you take to increase revenue for this company?

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Rs.5000 paid school fees of Director's son. pass the journal entry

9 Answers   Duravit, Shriram,

Companies formed by letters patent?

1 Answers  

what is the nature of expenses of a donation

1 Answers  

Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet

1 Answers  

WHERE WE CAN USE VAT 5%,14.5%

0 Answers   Airier, Automobile, Chartered Accountant, Puzzolana,

Tell us in balance sheet, where do you show tds?

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