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Answer / hemanta kumar patra
In a commercial organisation thse to documents are proof
for incoming & outgoing of mat & finished goods, Input &
out put of vat, excise ( If Excisable unit).through thse
two we can able to prepare all reports relating to accounts
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Answer / monika kandasamy
Purchase ans Sales invoices helps at the time of auditing.
It is the only proof for the income and expense made for
sales and purchase and also it helps to know the stock in
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What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
From the following data calculate (i) P/V Ratio (ii) Profit when sales are Rs.20,000 and (iii) the new Break-Even Point, if the selling price is reduced by 20% Fixed expenses Rs. 4,000 Break-Even-Pont Rs. 10,000
What is inter-corporate deposits? and where it is shown in balance sheet?
Answered but misspelled pl correc IT Financilas means profit and loss a/c,balance sheet including (Ans.LESSEHEDU)
land Adn Building come under fixes assets or not?
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
What is the Journal Entry if "Office Expenses" of Company A is being made by Company B on behalf of Company A?
what are Miscellaneous expenses? where it posted ?give with example and why it is call miscellaneous expenses
Where we show Service Tax Receipt ( Credit Balance ) in Balance Sheet?
what is the difference beetwen trade discount and rebate & discount