Answer Posted / mahindra timsina

The Debit Balance of the P/L A/c simply means excess of
Expenses over Income. When the expenses are more that
income, that gives Loss.

Loss is a claim revoverable by the business from the
shareholders, which means it is asset of the business and
will come in the Asset side of Balance Sheet.

types of inventory

2204

---

what would you contribute for bhels growth

2054

---

sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method

2368

---

plz send me hsbs finance questions asked in the interview ans appitude also

2879

---

Short Answer on ________Ad-Valorem Duties

1985

---

Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?

2403

---

fridge was capital or revenue?

2426

---

is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

2049

---

Let me know the difference between cash flow and free cash flow

2033

---

total capital stock

2104

---

The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry

2094

---

A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1826

---

bill to addres? ship to addres? rimit to address?

5831

---

What is the New GL concept? how do you configure new GL a/c?

2059

---

what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year

2575

---