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Answer Posted / sujit
Bank charges A/c. Debit to bank A/c.
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are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
Weather Entry tax on consumable goods purchased against CST
what salary you expect???
what is forecast
Expand-------URM
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry
would gross expenditure vouch the correctness or otherwise of the given expenses?
business sepsarate entity concepts
Expand----------SAMC
outstanding expenses, prepaid or unexpired expenses
what is the difference between accounts manager and finance manager?
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
cany anyone explaing what are the functions of an Account Officer/Manager?
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
