Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / javeed
Balance sheet of ---------- co., for the year ended (enter year)
liablities: amount rs/- assets: amount rs/-
--------------------------------------------------------------
capital a/c xxxxx current assets:
add:net profit add:fixed assets
(transffered closing stock(if given in trail bal)
from p& l a/c)
less:drawings
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
saji become insolvant -what is journal entry
Explain what does financial statement of the company includes?
What is normative accounting?
What are time sheets? How are they maintained?
VAT PER SURCHARG KAB SE KIS DATE SE LAG RAHA HAI
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
If closing stock is given in adjustments, how we show in tally 9.0 ?
Do you know offset accounting?
Can you differentiate public and private accounting?
when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?
Do you know what are trade bills?
How to pass VAT retention entry on computer and Furniture
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
