Interested to Buy Any Domain ? << Click Here >> for more details...
This question was in opi final round
u give a loan for your friend a 1000 rs he returns 600 rs
and u have to close ur accounts what should u do to close
the accounts? and what is journal entry?
- 5 Answers
- 9335 Views
- OPI Global, I also Faced
- E-Mail Answers
Answer Posted / desai sandip
cash a/c dr.600
loan recevable a/c dr 400
to friend a/c 1000
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
why you choose accounting as your career ? ?
What do you think you do well?
why are you selecting for the profitbulity analysis costing based& active based
Explain significance of Nastro and Vastro in accounts?
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
what is the meaning of input vat & out put vat?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
what is circuit filter?
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
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?
with out college degree con't we dc accounting job?
is indian bank or canara bank CBS brach?
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
Can you explain about the distinction of Book-Keeping and Accounting
what is portfolio Saint?
