Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / mohamed siddiq
Profit loss A/c create the all indirect Epemses and
Indirect Income indirect Epenses all showing to debit side
and Indirect Income Show to Credit Side its showing
| Is This Answer Correct ? | 10 Yes | 3 No |
Post New Answer View All Answers
What is payment/receipt/period accruals?
Why does one need a broker?
What is the content of purchase order? n content of voucher? what is the main use of voucher.
whts is the meaning of over cost and under cost, what is difference ?
what do you mean by financial analysis and technical analysis ?
what are Blue-Chip companies?
EXPAND___________NAA
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
In Pricing the gallons of petrol sold,service station 'A' follows the first-in-first-out method,while service station'B'follows last-in-first-out method.On 1st January both has the same quantity in stock viz.6,000 gallons at Rs.26 per gallon.During the month,each station recieved additional supplies of 6,000 gallons at Rs.27.50 per gallon.Sales for each of these two stations,during the month,were 8,800 gallons at Rs.29 per gallon. Determine for each service station,profit earned during the month and value of the petrol in stock at close of the month.
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
Define the word Profit in terms of business
Mostly what type of manufactures are coming under TDS and basic rate for each category
Expand---------PED
which Electrical items is Exciseible
