Which sistuation Current Assets become worKing capital?
Answer Posted / suresh
when we use the current assets for the day to day expenses
like purchase of raw material and payment of wages and
other daily expenses and the operation of production then
the current assets can be called as working capital.
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?
Why did you choose the a-levels you did?
what is inter-company transaction? what is Inter-Branch transaction?
What is the purpose of a balance sheet?
Sold goods to Gasha 600 by cash
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
How do you add/remove a payment block for particular invoice ?
Why have you applied to our firm?
What qualification do you need to become an accounting professional?
What is the use of form D in sale tax
What is a ledger in regards to accounting?
6. What is the amount of Simple Interest on $ 1,500 for 90 days at 6% interest (year is 360 days)?
The main financial accounting statements?
a cc. has balance Rs. 8,40,000 at the credit of profit and loss a/c this balance is used for redemption of debentures what will be the entry
ram paid to cheque rs 25000/- for comission what is the entry in tally can in this entry tds will deduct then what is the entry in tally and which voucher