GOVERMENT COMPANY FOLLOWS WHICH TYPE OF ACCOUTING SYSTEM

2 Answers  

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REPORATE

2 Answers   Bank Of America,

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Tell me different branches of accounting?

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plot registration charges will comes under what group in tally erp9?

1 Answers  

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If we maintain inventory then if proprietor take the some goods for personal Use then how to we do entry

3 Answers  

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can we issue bonus shares at premium? how?

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In the General Ledger.. When putting discounts, you put discounts on the DR side for Creditors and Discounts on the CR for Debitors.. Which side does discount go on for the rest of the accounts such as Purchases, M Dog, L Shirt, and L Dress?

1 Answers  

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Is there any significance between Bank Reconciliation and Account Reconciliation in Accounts?

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Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.

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What are mis reports and how do you prepare it?

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Into which account do we close the revaluation account balance during the winding up of a company?

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What is GR form why we use it and what is the step of GR FORM by various department as some little knoledge of me it is used by custom for wher the FERA is applicate. But I dont now where FERA is applicatble thanks

7 Answers   Kehr Surgicals,

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