Answer Posted / amrita

The Debit balance of P&L a/c means in profit & Loss a/c
Debitside i.e. expense side is heavier so its loss and
obviously, it would appear under asser side.

An applicant paid excess amount to the Government Office through a demand draft for a particular permission/license instead of actual fees. Later he went to government office and requested to return the previously submitted demand draft. Can he get back the Previously submitted demand draft(which was not adjusted into government account) duly paying he actual fee?

1985

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What is Insider Trading ?

2242

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what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?

2170

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what happens to each of the three primary financial statements when gross margin decreases?

2025

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

1900

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commisiion recieved journal entry and receipt required

1481

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if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.

1881

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I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

1762

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what is the difference between cash flow and funds flow

2225

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

1924

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Interest earned on investments is an__________

2136

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What is the definition of LOSS. Give the formula if any.

2144

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why would you like to opt nbp

2062

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why do we charge the depreciation

1467

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What are the types of journal categories available in the Oracle AP?

2152

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