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explain the difference between LIFO and FIFO?
Short answer on Amalgamation
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
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
which are the basic princeples of accountancy... with examples
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
How i pass the share holders capital entry in Tally? How to set this option in Tally?
What is the Memorandum voucher?
How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?
Do you need an income statement if you do part time contract work at home?
