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divya


{ City } hydrabad
< Country > india
* Profession * student
User No # 120489
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Total Answers Posted # 10

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Answers / { divya }

Question { 15962 }

what is Penal account


Answer

Profit and loss account is a financial statement it consiste the income and expenditure it is nominal accounting nature it is used to financial perfomance if the company

Is This Answer Correct ?    0 Yes 0 No

Question { Infosys, 34346 }

What is general entry credit purchase?


Answer

purchage accounts dr
To vender account

Is This Answer Correct ?    0 Yes 0 No


Question { 7991 }

definition of debenture ?


Answer

Debenture is long term dept and financial instuments it is used in pravet limited companyes by using in debt investment it is called in debenture

Is This Answer Correct ?    0 Yes 0 No

Question { IBM, 142298 }

What will be the journal entry for good lost by fire. How
many entries will be passed in the books of account for the
same.


Answer

Loss on fair account dr
to purchage account

Is This Answer Correct ?    1 Yes 1 No

Question { Mphasis, 6517 }

What is mean by authorized capital of company.?


Answer

It is max capital Memorandom of association as for company act 2013up to closeing the company and it is not exceed

Is This Answer Correct ?    0 Yes 0 No

Question { Deloitte, 25770 }

How many type of Invoices?


Answer

Purchage invoice and sales in voice

Is This Answer Correct ?    1 Yes 0 No

Question { 6882 }

what is differenct between capital expenditure and revenue
expenditure?


Answer

The cost which is incured accuring the fixsed asset and manfaturing selling goods and services is calleded capital expenditure...the cost which is related to regular busisnes activites is calleded revunve expenditure

Is This Answer Correct ?    0 Yes 0 No

Question { KOMA, 17952 }

what is contra entry . plz explain with example.


Answer

Contra entry is called in two entries 1 cash depasited into bank 2cash with draw from bank

Is This Answer Correct ?    0 Yes 0 No

Question { 2591 }

how to transfer fund useing cashflow and fundsflow?


Answer

Cash flow statement is importent financial statement it consistes the cash in flow and out flow the main objective ig cash flowstatement to non the flow of the cash and during the year

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Question { 7254 }

how do we pass the Entry for Depreciation?


Answer

Depriciation a/c
TO Name of the asstes

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