Answer Posted / manoj singh negi (amrapali ins

It's appear on the liability side because it's the result
of capital investment of a company and capital is a
libiality for business (because of business entity
concept). whatever capital invested by owner he want some
return form it, thatwhy net profit become liability for
business, it is so because business have to pay this(net
profit) to the owner.

what is article of association? what is memorandum of association?

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Expand--------SOT

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what is undisclosed profit? explain

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Calculate the total Depreciation for four or five Years so practice some problems on depreciation?

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What will be the consequences if the partnership is not registered

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Received an order from Babu for the supply of goods Rs.200/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

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what are the steps used in UAT in Oracle Apps?

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How the sub ledgers(AP, AR) integrate with GL liability and receivable

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Expand---------ODMT

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What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

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payroll calculation procedure explain completely?

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Expand-------NBTA

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Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

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WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

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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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