Answer Posted / hanumantha

In the Purchase Book:
Debit the Vendor xx
Credit the Purchase Return

In the Sales Book:
Debit the sales Return
Credit the Customer xx

what are valuation accounts?

2027

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How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?

2192

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HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

2041

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if jj form not cancelled within 1hour,wat to do

1810

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Short Answer on __________Leverage

2154

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Clasify capital

1963

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What is EBITDA

1862

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Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1736

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what are the different causes for discrepencybetween the balance of cash book and pass book

1913

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Who will be called as consignee

2094

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emplementation of accounting standerds in Bangladesh, developing or copieng?

2190

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Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

3269

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Expand-------MUR

2078

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1981

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Define the word Profit in terms of business

2150

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