Answer Posted / mohan kumar

1 ) personal account :debit the giver.
credit the reciver.

2 ) nominal account : debit all expenses & losses.
credit all income & gains.

3 ) real account : debit what comes in.
credit what goes out.

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2197

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Expand-----RTD

2067

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For the production of 10,000 units the following are the budgeting expenses: Per Unit Rs. Direct materials 60 Direct labour 30 Variable overhead 25 Fixed overhead (Rs.1,50,000) 15 Selling expenses (10% fixed) 15 Variable expenses (direct) 5 Administrative expenses (Rs.50,000 fixed) 5 Distribution expenses (20% fixed) 5 Total cost of sales per unit 160 Prepare the flexible budget for the production of 6,000 , 7,000 ,and 8,000 units of production

2970

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

2552

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let me know the difference between net cash flow and income

2273

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joint venture?

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Define the word Profit in terms of business

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in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule

2601

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Explain Cash Basis of accounting

2067

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Short Answer on ___________Finance Bill

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Expand---------BPCD

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What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?

1817

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Is interest of a business unit Operating Expense or Non Operating Expense

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Expand-------ASRT

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a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting

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