Answer Posted / manpreet

1. journal is the primary book.
2. any transaction which occurs in business, firstly
recorded in the journal
3.with the help of journal ledger posting is very easy.
4.it shows which a/c is debited or which is credited.

I WANT ACCOUNT ASSISTANCE INTERWIEV QUETION IN L&T

2536

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what is the meaning of Processing Vendor/Employee payments

2925

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Expand-------NAST

2193

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What is Mean By FRS for HQ reporting, How To Prepare?

2073

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how to download online - old ECR CHALLANS

4898

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What is Budgeted capital ?

1999

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Short Answer on ________Accounts Payables

1961

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what is sales life cycle???

1997

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CAN ANY OF U TELL ME WHAT QUESTION ACTUALLY ASK IN OPERATION ROUND IN BA CONUTNNIUM SOLUTION

2019

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1442

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How can a shopkeeper maintain the daily data in tally

4190

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2452

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what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process

2341

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how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000

2141

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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2184

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