WHAT IS MAT? PL. DON'T GIVE BRIEF NOTE.

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Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe

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Briefly explain about Stok valuation.

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Accounting Standards in India are issued by whom

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The following are details of an invoice from a foreign supplier of goods: 20 pieces of item X @ $ 20 per piece $ 400 20 pieces of item Y @ $ 5 per piece 100 Shippingcharges 40 Discount -80 Total $ 460 Total cost of above shipment of goods is Dh 2,300 which is made up of Dh. 2,070 representing cost of transferring the above invoice amount of $460 and the balance of Dh 230 represents other direct costs You are required to calculate the landed cost in Dirhams for ONE PIECE of item X.

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When is a dedit note raised When is an expense booked

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we want all sbi previous questions papers in our e.mail krishna2043 on yahoo

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what are the items comes under the profit appropriation account?

4 Answers   TCL,

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Expand ________FDI

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Give simple definition on Dual Entity Concept

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How many types of Purchase Orders are there ?

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what are the golden rules of accounting?

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