Goods costing Rs.40000 was lost by fire but 3/4th of the claim was accepted by the insurance company

1 Answers  

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Why the provision is considered as expense and reserve is considered as liability even if they both are allocated as precautionary for specific and general purpose? pls Explain.

1 Answers  

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Capital market

2 Answers   Bank Of America,

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What is Mixed Invoice

0 Answers   Accenture,

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What is the difference between income and income statement???

3 Answers  

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what are contingent liabilities?

4 Answers   HP,

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what are the different methods of teaching share and debenture to pre degree students

0 Answers  

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note for sundry debotrs and sundry creditors

4 Answers  

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What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY????????????????

5 Answers   IAS,

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What is general entry credit purchase with discount?

9 Answers   Intelent,

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what is different between leaser of subsidary book and journal?

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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