Answer Posted / b.mohamed hanifa

REAL A/C :DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

PERSONAL A/C :DEBIT THE RECIVER
CREDIT THE GIVER

NOMINAL A/C :DEBIT ALL EXPANSES AND LOSSES
CREDIT ALL INCOME AND GAIN

fiscal year variant Vs posting period variant

2097

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What is Acquisition?

2474

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What is Risk Assessment?

1944

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A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .

1896

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What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly.

2312

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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

2961

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loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid

2090

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What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

2196

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How can I find out my credit rating score for free?

2080

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All shot cut key use in the tally software & it's uses

2063

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Expand--------TOS

2259

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how to check which item is sold by the sundry debtors in tally?

2158

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please send me last 3 years question & solution

2101

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what is difference between venture capital financing and equity financing?

2113

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what do u mean by comparative budget?

1985

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