Answer Posted / prasad

Working Capital

total assets are equal to total liabilities in final accounts ?why?

1887

---

What do you think is a bank reconciliation statement?

998

---

Do you think there is any difference between inactive and dormant accounts?

1119

---

Define depreciation and its types?

1052

---

input vat, wht use in wct

2059

---

Assigning natural account to accounting seg. What will happen

1996

---

Explain accounting 101?

1067

---

sir i want know how to fill vat return

2002

---

how to solve cashbook question

3230

---

why we multiply no. of purchasing year with average profit

1936

---

what do you mean byrecoupment of shortworkings in royalty accounts

3856

---

If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet

2385

---

Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1876

---

pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1943

---

what are the extraordinary items?

960

---