Answer Posted / hussain

Accounting is the art of recording transactions in the best
manner possible, so as to enable the reader to arrive at
judgments/come to conclusions, and in this regard it is
utmost necessary that there are set guidelines.

Accounting helps to arrive at the financial position of an
organisation at any point of time. The organisation's
financial status, as on a particular date, is captured in
the balance sheet, while finanacial performance for the
year is summarised in a profit and loss statement.

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2069

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Distinguish between sale and consignment

1939

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why should the company give first perference to the perference shareholders?

2458

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Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

2284

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Short Answer on _________Accounts Receivable

1891

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Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

2156

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legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?

3048

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What do you mean Business

2209

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If its is declared by auditor that business is not going concern that what journal entry will be pass?

1856

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what is a meaning of track record in tally software when we maintain the inventory entry what is role of track record

2215

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how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

1851

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Explain why retained earnings have an opportunity cost associated?

3398

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2016

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i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

2209

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What is the definition of LOSS. Give the formula if any.

2086

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