What are the basic assumptions in accounting?
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Perpose of charge the excise duty?
what is Credit?
what is TDS..? and Entry for TDS..?
what is funds flow and what is cash flow?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
A and V enter into a joint venture to sell a consignment of biscuits sharing profits and losses equally. A provides biscuits from stock Rs 10000. He pays expenses amounting to Rs 1000. V incurs further expenses on carriage Rs 1000. He receives cash for sales Rs 15000. He also takes over goods to the value of Rs 2000. The profit on joint venture is 7 (a) Rs.3000 (b) Rs.5000 (c) Rs.6000 (d) Rs.3500
How many indian accunting
what is provision what is the difference between provision & reserve
Is an "account receivable" and "goodwill" real accounts in accounting?
Tell us why did you select accounting as your profession?
WHAT IS SERVICE TAX
if we have taken Mobile phone for employees use ,can we taken as assests for the company ? then what is the deprecation rate ?