Answer Posted / shreeram

1) Debit always equals Credit
2) Increases do not necessarily equal decreases
3) Assest - liabilities= owner's fund( accounting equation)

what is miscellaneous expenditure??

5845

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we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.

1786

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My boss said to me "Calculate Tds for the month of may 2018 from bank statement". my Boss business is Proprietorship of Construction and designing work. How I can calculate Tds liability.

1441

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we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?

2121

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What is BRS Adjustment entry?

4295

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what is an ideal organisation

2326

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What is entry of Dishonored cheque issued to supplier

1359

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How to post salary advance transfer from one branch to another branch ?

1566

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How time sheets are maintained?

1180

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Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

1723

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Describe me accounting rules

1997

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What is partnership accounting?

1139

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how can i settle the party ac with cr & dr

2065

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What is cost accountancy? What are the objects of cost accountancy?

1102

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You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

1596

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