Answer Posted / guest

Gross Profit, Net Profit

WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2525

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what is mean by ledger

3973

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What do you mean by Adjustment

2089

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example of SOP

1967

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Short Answer on ______________House Rent allowance

1915

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while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

2168

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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2686

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HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

2088

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what happens to each of the three primary financial statements when capital expenditures decrease?

2110

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what is differred tax liability? explain in detail with some example.

3074

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WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?

2082

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how to do the finalise of account? what is the step? why we need to do like that?

2102

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ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT

2069

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what is a reducing balance method and depreciation fund investment method and 2 diffrences?

2606

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How many types we are received funds in business purpose

2437

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