What is accrued expenses .and what is differance between accrued Expenses & Accrued Income?

3 Answers   HCL, HP,

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What is Calculate Balanced Owned

0 Answers   Accenture,

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What are control ledgers? What are the purposes of maintaining it?

0 Answers  

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what wll i do to remove my fairs facing for interviewee?

1 Answers  

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Capital Redemption Reserve fund and its uses.

1 Answers   Genpact,

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how to calculate closing stock?

3 Answers  

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question paper pattern of factset

1 Answers   Capital IQ,

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A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.

0 Answers  

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Mr.x gets Rs66000P.M .He told that you donot cut any dedution from my salary.This is possiable please tell some useful investment

2 Answers  

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what is payroll

2 Answers  

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what is rate of service tax for construction co?

1 Answers  

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What is the meaning of deferred revenue and expenditure, give examples

2 Answers   Bank Of America, Capital IQ,

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