What are the main Reconciling entries in Bank
Reconciliation?
Answer Posted / shi
ALSO ADD (DEPOSITS IN TRANSIT)
to the List prensented
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What part can management policy play in the analysis of cost behaviour?
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
explain the difference between LIFO and FIFO?
At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?
WhatIs the limit of duty exemption in smal scale industries.
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
Can u please give me example of bonds? is National savings certificate a Bond?
with out college degree con't we dc accounting job?
Expand-------NABT
What is the procedure to become charted accountant in India now. Please answer this is urgent
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
How do the standards assist the users of financial report?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
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%).
What is mean by Reserve on Consolidation?