Why Capital IQ?

1 Answers   Capital IQ,

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if my company Purchases a raw material from other trading company and paid that amount by trading company owner account this case ? how to entry are reported?

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vat will be charged on any type of transportation ?

1 Answers  

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The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

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What GP resew of balance sheet taking.

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Jurnal for interest chrgd by bank- Interest a/c dr To bank Bank is real a/c Que is why bank is credit as d rule is dr d reciever

3 Answers   Wipro,

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What are time sheets? How are they maintained?

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what is the enty for contract bill raised?

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why are the company hire you.

1 Answers  

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what is a difference between public and private accounting?

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I m considering BASIC + DA at the time of calculating EPF. Is it the right procedure?

2 Answers  

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Is there a difference between accounting for conversion of bonds and accounting for the conversion of preferred stock?

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