payment made to the credit card from bank.In that half are personal and half are business related.how to account these transaction without credit card ledger.

1 Answers   ABC,

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we purchase one material from one party & sale it to other party but the product got problem so 1 st party give us a credit note now the question is how i pass jv in my co. account

1 Answers   Pragati Industries,

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What is meant by forex P&L a/c.?

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What is the Cash FLow and Examples

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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 is Compound Interest?

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come will open bank account... what journal will come...

7 Answers  

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can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?

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what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?

2 Answers  

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what is insurance? And Type of insurance?

3 Answers  

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6, state with reasons wheather the following items are capital expenditure or revenue expenditure i, A factory building was constructed at a cost rs 1500000 a sum of rs 64000 were incurred for the construction of huts for storing building materials ii, rs 5000 paid for removal of stock to a new site iii, expenses incurred in connection with obtaining a license to start the business were rs 15000

1 Answers  

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Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

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