Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

how to do finalisation of accounts

Answer Posted / sachin

1st u close the books of account like bank , cash , pur,
sale book, than u made Trading & Profit loss account pass
all the entries in ur book than take ur opening bal & than
calculated ur closing bal this closing bal will be take in
trading & Pl account in cr. side (Get close all ur exp.
overdue ) than u can made Balance sheet

Is This Answer Correct ?    55 Yes 30 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what are your plans after completing your MBA (or) studies ?

1987


why specifically inited states ?

1848


Who will be called as consignee

2080


1. Fdr mature with interest

1838


Expand DEHM

1940


How can we calculate the total income of the company.

2008


What is COVER payment?

2793


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,

1752


What si the differance between REVENUE and PROFIT?

1936


when assessing the credit proposal of a prospective borrower if he gets internal rating below the hurdle rate what will you suggest as a banker

2099


i need sbi bank clerk exam model question papers

2344


Which document should be attached with purchse & sales invoice?

1901


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

2167


hi guys, pls refer me how to preppare for Indian Bank exams.

2397


we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

2022