Answer Posted / ajmal
contra entry is special type of entry which appears only in double or triple entry ie bank,cash or bank,cash,discount, discount is just totaled and other are individually treated.it is denoted by symbol "c"
| Is This Answer Correct ? | 8 Yes | 4 No |
Post New Answer View All Answers
honararium for the month of march 2013 can be paid on 31 mar 2013
What was key roles of Cashflow statement and Fund flow statement and Balnsheet..?
Telly ERP9 is perfect accounting softwear in excise unit.
what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year
Weather Entry tax on consumable goods purchased against CST
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?
What is the mening of uidnvhe.?
what is the organisation chart for accounting and finance ?
Expand-------NAC
While selling fertilisers can we charge VAT on excise duty.
plz send me a solved paper on SBI of clerk post
What is Analysing
what is organic profit? and how it is calculated?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
what are the purpose for the preparation of cost centre ?
