Answer Posted / chamarthy

the answers given by above friends like Ms Swetha Reddy, Uma
& krishna etc are correct., otherwise it can be taken as

First 10 TVs brought for business (for trading)- hence
Purchases (TV)a/c. dr 10000
To cash/bank/Party a/c 10000

Out of this, next - installed 1 TV for business.

Fixed Asset (TV) A/c 1000
To Purchases (TV) 1000

(Out of 10 nos 1 installed for business (asset)

If its is declared by auditor that business is not going concern that what journal entry will be pass?

1963

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Where to enter bonus and pf esi in tally pls help for me

2063

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What is Merger?

2427

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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.

2153

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What is DRA in bank reconciliation.

1994

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institutional investors?

2112

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what is mba tell me the more benefits in mba

2254

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distinguish between price rate and time rate?

2154

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I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

2180

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What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?

2325

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Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?

1947

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what is general HR?

2204

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whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1756

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Expand CCIT?

2475

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You have joined company yesterday then you are Appling B1 visa today. why so urgent.

2267

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