What is ment by MIS reporting?
Answer Posted / vishal chauhan
MIS stands for Management Information System. It includes
data presentation in the form reports to the higher
management, upon which important decision are taken. It is
an abstract form of reporting, which reflects the all of
the report in a very short. There are many tools and
techniques to develop MIS report, like MIS Reporting tools,
MS Excel (pivot tables and charts), and many more.
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Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
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