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Answer Posted / palanivel j
Bad Debts a/c dr
To Debtors a/c cr
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Process of the settlement cycle?
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy
explain Dual entry concept
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
EXPAND___________IMF
All shot cut key use in the tally software & it's uses
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Short Answer on __________Trade
From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900
In case of new admission of partner what will be the adjustment for the sharing ratios
paid two years rent N1200, bought Motor van for cash N3000
What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?
How to answer for the question, tell me about ur project? I mean in which format can i say?
