1.What are the basic accounting Standards ??
2.What is the main importance of Bank Reconcilation
Statement?
3. What is Form 407 in Vat ??
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Q 1. Explain me about the Professional tax.
what is the difference betwen p & l a\c and income & expenditure statement
what is the accounting period ?
whatis ratio analysis and methods of its calculation.
The primary record of a credit purchase of a fixed asset is made in---------
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Can i clarify, whether VAT & Service Tax are Proffit & Loss A/c items (or) Balance Sheet Items.
hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units
What is the difference between Personal account, Real Accounts and Nominal account?
Took a loan of Rs.2000 from Sachin for the marriage. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
BEP= Fixed cost/Contribution*sales .Any other alternative formula 4 BEP .