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double-entry bookkeeping system
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Answer / guest
double entry bookeeping system follows the 'every debit has
a corresponding credit" and hence, total of all debits has
to be equal to the total of all credits.
| Is This Answer Correct ? | 13 Yes | 4 No |
Answer / kartikk.050
THE SYSTEM OF MAKING TWO ENTRIES OF EQUAL IN TWO DIFFERENT
ACCOUNTS IN OPPOSITE SIDES IN THE BOOKS OF EACH OF TH
CONTRACTING PARTIES
| Is This Answer Correct ? | 2 Yes | 3 No |
What is "investment cash" compared with "current assets cash"?
difference betwwen the 4.6 & 4.7 ecc versions
For More Questions In E&Y,Earnest and Young, Banglore Mail TO "tvsethu@gmail.com". i can Guid u.
When and who prepares Letter of credit and is any relation with bill of exchange? pleas breaf with examle.
DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
wat is the deffernce b/w 4.6c and 4.7 versions?
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Gross salary is 762000, PF deducted 38000, ESI deducted 6700, TDS deducted 6000, Advance deducted from staff 12000, net salary sent to bank 699300. How do we enter journal in Tally 7.2
How will draw inferences about the financial health and performance using ratio ?
EXPAND_________TOEFEL
HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)
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Audit 
