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Answer Posted / pradeep moharana
share premium means the difference between the face value
and the actual price.
| Is This Answer Correct ? | 10 Yes | 3 No |
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how many times we can deposit the old currency in one a/c in the bank
Can you differentiate accounting and auditing?
Mention what is bank reconciliation?
What is consignment cycle.?Explain the steps involved in the Consignmet..?
What is the general classification of accounts that usually ledger account involve?
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
audit under section and penalty under saction scurtiny under saction
What are time sheets? How are they maintained?
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
Expand ctc cheque?
Sir how the enter of GST adjust of sales return
What is fiduciary accounting?
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my brother is out of country i have lost his bank passbook when i was going to bank for the entries is their essential to take duplicate pass book can my brother is present for this.
Tell me entries to revenues accounts such as service revenues are usually?
