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What is the difference between Risk, Threat & Hazard?
What is Goods Lost by Fire/Accident/Theft ?
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fiscal year variant Vs posting period variant
Expand----------MTSC
what are the steps used in UAT in Oracle Apps?
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what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
Name some errors which can be detected by Trial Balance
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You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
Under the accrual basis of accounting incomes are recognised at the time -------------------
what is article of association? what is memorandum of association?