Answer Posted / chandu

this work-in-progress treated it is nothing but a closing
stock. Work -in-progress debited in the balance sheet under
current assets and the same will be credited in the profit
& loss account. And the next year treated it is a opening
work-in-progress debited to Profit & Loss account and
credited to current assets work-in-progress. and other
system also adopted the entire closing work-in-progress
debited to work done account.

Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

1867

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Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!

1534

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Explain the meaning of long-term notes payable is or long term liabilities?

1273

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Explain me what is important to effective market analysis?

1129

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is WCT aplicable on educational institutions also??????

1893

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What is BRS Adjustment entry?

4297

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How Can We Differ Horizental & Vertical Balace Sheet? Explain.

1892

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What is the distinction between cost accounting and management accounting?

1106

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What is accounting & why it is used?

1170

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Tell me where do generally accruals appear on the balance sheet?

1021

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credit card all entry pass in tally

1520

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A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.

2247

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What do we mean by Redemption of shares and debentures?

2372

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All Interview related Questions pertaining to General Ledger,Finance & Accounts.

2896

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Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1957

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