What is the use of accounting?

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Suppose A company is giving salary to its employees on 10th of every month. So on which date the salary payable entry will be passed/due also tell what will be the general entry for salary payable

3 Answers   Enrich, Wells Fargo,

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dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

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what role did you play in collections?

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what is the accounting rules?

1 Answers  

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WHILE WORKING DEPERICATION OF AN MACHINERY ASSET WHAT IS THE PERCENTAGE TO BE TAKEN & FOR HOW MANY YEARS IT HAS TO BE TAKEN.

1 Answers  

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please explain briefly about account receivables and payables

2 Answers   Siemens, Wipro,

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what is Real a/c

5 Answers  

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what is the difference between an A/C Payee cheque and a bearer cheque?

1 Answers  

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why loss is posted on asset side in balance sheet?

2 Answers   Vijaya Bank,

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While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing stock of the previous year. In the previous year, closing stock was valued more by Rs.50,000. As a result (a) Previous year’s profit is overstated and current year’s profit is also overstated (b) Previous year’s profit is understated and current year’s profit is overstated (c) Previous year’s profit is understated and current year’s profit is also understated (d) Previous year’s profit is overstated and current year’s profit is understated

0 Answers  

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what is Cost of Goods Sold give example?

3 Answers   EDS,

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