Answer Posted / sukumar.k.r

I am K.R.Sukumar ,I live in chennai and my aim is to serve
the best to the superiors and also subordinates and to
reach the responsible position in the near future.And to
tell about my qualifications i had my studies upto 10 th
std in Kola permual school ,i scored 78.6% and i changed my
school to matriculation branch of Kola permual school to
pursue my 11th and 12th,i scored 93.1% and i had my college
studies in IRTT,erode, i scored 73.1%.My hobbies are
playing cricket,watching cricket and analysing cricket.And
i have some achievements under my belt, they are " School
first in french ,Runners-up in intra college cricket
tournament and participated in IBM great mind
challenge".And abt my family, my fathers name is
Mr.K.Rajendran and he si finance manager in a Private
Company ,My Mother K.Sujatha is a domestic Engg. and i have
one brother and one sister brother is a software engg. he
is working in a software firm and my sister did BPT and she
has married to a software proffesional.That's all abt me
and my family..................................
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who introduces the single entry format?

1977

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My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

2087

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AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??

2167

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I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1488

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what are the important steps to take during the conversion of an accounting system.

1945

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Pls Explain Accounting Standered 1,3,11,29

2358

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How and by whom the Percentage of Depreciation is fixing?

2414

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explain the difference between LIFO and FIFO?

1212

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From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

2122

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What do you think you do well?

17314

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is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

2117

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Can u please give me example of bonds? is National savings certificate a Bond?

2853

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sir i'm having exp as a HR-Recruiter, now i'm willing to work in other areas of HR.Is learning of accounting courses such as (Payroll mgmt,TDS, service tax, vat, provident fund, gratuity fund, Tally ERP.9 )is necessary? if so, kindly guide me what all accounting courses i need to study to work in other areas of HR. or what are the qualifications required to work in other areas of HR? 2)one of my friend would like to know the job profile for Finance admin..

2008

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Expand---------OTMD

2471

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Reserve Capital and Reserve Capital

2284

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