Answer / dnr

Current And Saving Accounts

(Banks looks for cheaper funds and CASA are the cheapest
funds available for banks)

Answer / krushna

Civil Aviation safety authority

classify the following into personal,real,nominal a/c-capital interest, purchase,drawing,sales return,outstanding rent,bills payable,club a/c, bill's receivable,bills payable,salary

1 Answers  

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Why interest on partner's loan is not transferred to his capital account? What is the logic for transferring it to his current account/ loan account or accrued interest account?

1 Answers  

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where do you consider salary in an income statement? whether it is to be taken before gross profit or after net profit? answer with reasons.

2 Answers   HP,

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Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

0 Answers  

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What is functional area,trading partner in sap fico

0 Answers   IBM,

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When we issue credit note for free goods charged in invoice, whether we claim sales tax from the dept.

1 Answers  

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Kindly solve the following problem. Financial accounting. 1. Bheema does not maintain his book in the double entry system . His books showed following facts. Receipts for the year ended 31.12.2007 from sundry Debtors 17625.00 Cash sales 4125.00 paid by bheema (proprietor) 2500.00 total 24250.00 payments made for the year ended 31.02.2007 new machinery purchased 625.00 drawings 1500.00 wages 6725.00 salaries 1125.00 interestpaid 75.00 telephone 125.00 Rent 1200.00 lighting 475.00 sundry expenses 2125.00 sundry creditors 7625.00 total 21600.00 Assets and Liabilities As on 31.12.2006 As at 31.12.2007 sundry creditors 2525.00 2400.00 sundry Debtors 3750.00 6125.00 Bank 625.00 ? stock 6250.00 3125.00 plant 7500.00 7315.00 from the Above data , prepare TRADING A/C, PROFFIT & LOSS A/C for the year ended 31st december 2007 and the BALANCE SHEET as on on that date. Kindly solve the problem

3 Answers  

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EXPAND___________LTU

1 Answers  

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expand N A V

4 Answers  

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how will you create the posting periods 3 and 5 or 5and 7?

0 Answers   Wipro,

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what is deffered revenue expenditure?

1 Answers  

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Explain about accrual basis of accounting

1 Answers   Genpact,

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