i know that preliminary expenses are fixed cost but current or non current
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Sales A/C belongs to which account type?
12 Answers Chartered Accountant, OPI Global,
What is the cost of goods sold?
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i am working in bajaj authorised dealer company my question is when we sale of two wheeler vehicale with finance what is the sale of entry can you say briefly(how to pass the sale entry in our books)
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how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come
A and B are partners sharing profits and losses in the ratio of 3:2 having the capital of Rs. 80,000 and Rs. 50,000 respectively. They are entitled to 9% p.a. interest on capital before distributing the profits. During the year firm earned Rs. 7,800 after allowing interest on capital. Profits apportioned among A and B is (a) 4,680 and 3,120. (b) 4,800 and 3,000. (c) 5,000 and 2,800. (d) None of the above.
why loss is posted on asset side in balance sheet?
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