Financial Accounting

0 Answers   Chartered Accountant,

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what is entry for depriciation

1 Answers  

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what is the meaning of Accrual Concept?

6 Answers   emc2, IHG InterContinental Hotels Group, Rivera Manpower Services,

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hi friends, i have simple doubt if we completed this financial year that is 2009-10 march. after that we will file it period of oct-2010.so from apr-2010 that is new f.y.what we take the opening balances without filing how can we know the exactly figures?

0 Answers  

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Journalize the Following: 2. Monthly credit sales were $ 35,000 3. Received Cash receipt payments on Receivables in the amount of $ 10,000. 4. Customers’ cheque in the amount of $ 100 bounces and was re-deposited. Book both entries. 5. Material is bought on account for £ 100,000. The exchange rate is Four pounds to One Dollar. Then, later, merchandize is paid for. The exchange rate is Five pounds to One Dollar. Book both entries in Dollar when merchandize is bought and when it was paid. 6. Materials worth $ 20,000 was purchased on account and paid for with 1% discount. Book both entries. 7. Record the purchase of Direct Material on Account in the amount of $ 20,000. Half of it was for stock and the other half for a specific job order. 8. Record the disbursement of $ 1,000 raw material to shop floor for use on specific job

0 Answers  

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Your grandfather is 75 years old. He has total saving of Rs. 80000. He expects that he live for another 10 years and will like to spend his saving by them. He placed his saving into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occuring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2 Answers  

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what is the purpose of preparing Bank reconciliation ?

3 Answers   ABC, CAFS,

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what is sox?

4 Answers   Accenture,

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What is an accounting transaction?

0 Answers  

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how to pass journal entries for recivables & payables if they are paid next asses year

3 Answers   MAHINDRA,

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HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?

0 Answers  

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What Is Depreciation, and from which date do we charge Depreciation for an asset ?

1 Answers   EDS,

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