Answer / guest

SORP stands for "Statement of Recommended Practice" and is
a best practice guide for accountancy in a specialised
sector. It is normally issued by the regulatory body
relevant to that sector and recognised by the ASB
(Accounting Standards Board).

What is the diffrecnce between liabilities and owner's equity?

3 Answers   ABN AMRO,

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how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..

0 Answers  

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3. 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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What is the nature of Outstanding Expenses?

9 Answers   Campus Interview, RRDonnelley,

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Whast do you mean by diversification? Is it related to risk?

2 Answers   Mellon,

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What is Goodwill? If it is treated as asset in Balancesheet then what is on its opposit side i.e. liability side.

10 Answers   PCE, TCS,

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What is conta entry

8 Answers  

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Expand---------DTRE

5 Answers  

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What is Accumulated Depreciation?

3 Answers   Thomson Reuters,

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retained earnings will change over time due to what factors, retained earnings will increase.

1 Answers   Genpact,

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salary received for 15 days and other 15 days are absent please give me the journal entry

1 Answers  

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Answered but misspelled pl correc IT Financilas means profit and loss a/c,balance sheet including (Ans.LESSEHEDU)

1 Answers  

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