shahid raza


{ City } bhagalpur
< Country > india
* Profession * student
User No # 47765
Total Questions Posted # 5
Total Answers Posted # 9

Total Answers Posted for My Questions # 14
Total Views for My Questions # 28835

Users Marked my Answers as Correct # 104
Users Marked my Answers as Wrong # 20
Questions / { shahid raza }
Questions Answers Category Views Company eMail

What is American approach? Why do we use it inspite of Modern approach or Enlish approach ?

HCL,

1 Accounting General 3753

what would be the two fractions of 100 ? there must be a difference of 1 between both fraction ???????

 1 Funny Interview Questions 3618

We have outstanding 100000 equity of 10 each. For expansion of business we need Rs.500000. which of the following option will be beneficial for equity shareholders ? If net profit before interest & tax is 300000 &tax rate is 40%.(1)-50000 equity sh of Rs 10 each,(2)-10% Pref Sh.. Rs 100 each,(3)- 5000 10% debentures.??????????

Genpact, Management,

4 Banking Finance 6600

which assets may have credit balance ?

3 Accounting General 5229

Is depreciation a source of finance ?

 5 Accounting General 9635



Answers / { shahid raza }

Question { 16864 }

Please translate it in english... "Sivaji production-ku
chandramuki ethanavathu padam"......How to ask this in
english.......


Answer

we can ask this question in english orally.

Is This Answer Correct ?    1 Yes 2 No

Question { Infosys, 27169 }

What is general entry credit purchase?


Answer

Purchase A/c...... Dr.
To Creditors A/c...

Is This Answer Correct ?    3 Yes 0 No


Question { Infosys, 27169 }

What is general entry credit purchase?


Answer

purchase A/c dr,
to creditors A/c

Is This Answer Correct ?    1 Yes 0 No

Question { 16848 }

What do you mean by depreciation?


Answer

When we use any fixed assets, what ever faal accures in the utility or value of that fixed assets, that is called depreciation for that assets.

Is This Answer Correct ?    1 Yes 0 No

Question { 33600 }

purchased a laptop for Rs.50000 and received one calculator
costing Rs.1000 for free. Both laptop and calculator
(stationery in nature) are meant for office use.What will
be the journal entry in the books of both the parties?


Answer

laptop a/c dr 49000

to cash/bank 49000

there shuld be no entry for calculater bcoz it comes under trade offer and for trade offer or trade discount. thereb should be no entry.

for further query plz contact me on mdshahid.raza@rediffmail.com

take care
shabba khair

Is This Answer Correct ?    1 Yes 0 No

Question { 13908 }

If we can write Credit to cr. so why we can`t write Debit
to Dt. or De. why we write it Dr.?


Answer

The term (Dr.) is taken from the italian word Debare.
The term (Cr.) is taken from the italian word Credier.


Thats why we use such terms........


byeeee....

Is This Answer Correct ?    29 Yes 4 No

Question { 35921 }

What is Journal Entry of Depreciation ?


Answer

Depriciation A/C Dr. .......


To Assets A/C ............

Is This Answer Correct ?    59 Yes 3 No

Question { 7262 }

WHAT IS THE DIFFRANCE B/W THE PREFERENCE SHARES AND EQUITY
SHARES....


Answer

Prefrence Share: It provides a right to the shareholder to get dividend at a fixed rate firstly but not to participate in operating activities and voting.

Equity Share: It provides a right to the shareholder to participate in voting and all operating activities. The dividend rate for equity shareholder is not fixed. Whatever will remain after distributing profit among debenture holders and prefrence shareholders. equity shareholder will keep it.

Is This Answer Correct ?    0 Yes 0 No

Question { 16142 }

journal entry of outstanding


Answer

outstanding expences a/c .....dr.
to expences a/c

Is This Answer Correct ?    9 Yes 11 No