Answer / anjali

Those liabilities which are payable out of current assets
with in the next accounting period usually a year or
already due are called current liablities.
Ex: Sundry creditors, bills payable, short term bank
overdraft etc.

if the balance of the supplies account on January 1 was $500, supplies purchased during the year were $1750, and the supplies on hand at December 31 were $300, the amount for the appropriate adjusting entry at December 31 is?

1 Answers  

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Give some example of real,personal & nominal accounts , & which kind of a/c reflect p&l & BS.

20 Answers   Banking, HSBC, IT Industry, Motilal Oswal, SLK,

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Concept of forward/futures, call/put option, arbitrage, hedging, speculation, collateral management?

2 Answers   Mellon,

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Compute the following selling price for the follwing item: Basic cost CST @ 4% on basic cost freight & insurance Rs 200/- Margin @ 15% on selling price

2 Answers  

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ROLE OF FINANCIAL MANAGER IN MATTERS CONCERNING DIVIDEND POLICY?ALTERNATIVES THAT HE MIGHT CONSIDER & THE FACTOR WHICH HE SHOULD TAKE IN TO CONSIDERATION BEFORE FINALISING HIS VIEWS ONDIVIDEND POLICY?

1 Answers  

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hi guys, pls refer me how to preppare for Indian Bank exams.

0 Answers  

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What will be the journal entry of bank charges paid to bank

5 Answers  

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Define Salry for the following purpose 1.To calculate HRA

0 Answers  

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What is deferred Tax, deferred Assets & deferred liability ? What is the procedure to calculate?

3 Answers   George Group,

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You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

0 Answers   Ignou,

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why we debit all expences?

5 Answers  

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why you would like to work for the our(AIRLINE) Group ???

1 Answers   Emirates,

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