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deepak mishra
{ City } lucknow
< Country > india
* Profession * student
User No #
42541
Total Questions Posted #
0
Total Answers Posted #
2
Total Answers Posted for My Questions # 0
Total Views for My Questions # 0
Users Marked my Answers as Correct # 28
Users Marked my Answers as Wrong # 2
Questions / { deepak mishra }
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Answers / { deepak mishra }
Question
{
21186 }
What is contra entry?
Answer
We can see contra entry in three coloumn cash book when
transaction are made between a company or firm and bank.
Ex: cash draw in bank by company or firm
Is This Answer Correct ?
6 Yes
1 No
Question
{
9843 }
What is LIFO and FIFO ?
Answer
It method used in stock valuation & stores ledger
lifo: Last-in-first-out
according to this method whats last in he first out.
fifo: first-in-first-out
according to this method whats first in he first out.
Is This Answer Correct ?
22 Yes
1 No