Answer Posted / zafar

Repo rate is the rate at which our banks borrow rupees from
RBI. A reduction in the repo rate will help banks to get
money at a cheaper rate

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

1480

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how to check which item is sold by the sundry debtors in tally?

2158

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wages posted twice what is the entry for that?

2357

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Expand---------NPTO

2027

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4. Calculate the following from the particulars given below: i) Material Cost Variance ii) Material Price Variance iii) Material Usage Variance iv) Material Mix Variance v) Material Yield Variance Material Standard Actual Qty kgs. Price Rs Value Rs. Qty kgs. Price Rs Value Rs A 50 4 200 40 5 200 B 30 6 180 30 6 180 C 20 3 60 30 3 90 100 440 100 470 Loss 20 ----- 30 ----- 80 440 70 470

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If we spend a sum of Rs.10 Lacs towards Processing and Upfront fee for obtaining working capital term loan. can we treat this amount as a deferred revenue expenditure or not

2074

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What is wealth maximisation

2070

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If income and expense both are equal then what it depicts

1934

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interest paid comes under which head

1483

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How will be prepare invoice in tally, please tell me step by step

2803

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In case of new admission of partner what will be the adjustment for the sharing ratios

2083

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what is cc limit and what role accountant play to maintain it?

2165

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what is Exposure ?

1976

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You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

3400

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what is the difference between financial accouning and financial management?

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