Answer / Waseem Khan

A public company is one that offers shares to the general public, whereas a private company does not. A mutual fund is an investment vehicle that pools money from multiple investors to purchase a diversified portfolio of securities. Goodwill is an intangible asset representing the value of a company's reputation and customer relationships, and it is not included in the balance sheet.

42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.

2 Answers   Amazon,

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EXPAND___________LCD

1 Answers  

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4) What is Journal Entry of 1) Credit Sales. 2) Credit sales with Discount. 3) Credit sales with VAT. 4) Outstanding Rent paid. 5) Credit Purchase. 6) Out standing wages paid. 7) Bank over draft 8) bank charges 9) Dishonor check

9 Answers   Accenture, Genpact, Wipro,

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what is the capital gains

3 Answers   Genpact,

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Expand GDI?

2 Answers  

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what is debt equity ratio

7 Answers   Banking, ICICI, State Bank Of India SBI,

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when one person does a BPO accounts than how it is differ from normal accounts

2 Answers   Wipro,

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Mr X has invest Rs.150000/- from his saving bank a/c for fixed deposit after maturity he received with interest amt Rs.165000/- He requested bank to renewed the same excluding inst amt.Bank after deducting charges credit the insterest amt to Mr. X a/c..pass the Journal entry in the books of MR.X

2 Answers  

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EXPAND_________SDJMC

1 Answers  

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Provision of Bad Debts is made in compliance with the convention of -----------

1 Answers  

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Expand GAAP?

5 Answers   Wipro,

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Difference Between Tax Invoice and reatail Invoice ?

3 Answers  

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