Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / soumitra paul
Real Account:
What comes is debilt, what goes out credit
Personal Account:
Debit is the receiver, credit the giver
Nominal Account:
Debit is losses and expenses, Credit is income gains and
profit
| Is This Answer Correct ? | 3 Yes | 5 No |
Post New Answer View All Answers
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
What is meant by advance ruling? What is the scheme of advance rulings?
am attend to bank exam(iob)pls send model questions
Under the accrual basis of accounting incomes are recognised at the time -------------------
What is cash clearing account
what is the scenario of multi-org setup?
Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry
what is Exposure ?
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
What is 100% EOu? what is the benifit and what is difficulty of it?
EXPAND___________IMA
send me accounting test ppaers
EXPAND___________LNG
business sepsarate entity concepts
