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Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
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An advance of Rs 10000/- is received from customer. pass necessary journal entries
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What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
Suppose One asset purchased in 2006year and calculated SLN method depreciation @10%pa for value 100000. Now middle of the present year the assets was transfered to B company. How can we take the accounting for previous depreciation, asset value (transfer value) to debit B company. What is the asset status in BS.
Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
why is it called profit and loss account why not profit or loss account, ( u either get profit or loss )
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what is the entry for cash received and after deposited in to the bank
what is fundamentals of accounting ?
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Audit 
