Answer Posted / savi

Marshalling denotes the order in which assets and
liabilities are shown in the Balance Sheet. Items are
marshalled either in the way of liquidity or in the order of
permanence.

The order of liquidity means, the order in which assets can
be converted into cash. Cash being the most liquid item
shown as the first item and goodwill being the least liquid
item is shown as the least one. The liabilities are shown
in the order of discharge-ability, priority or urgency to
pay. the most urgent liability is shown first and the least
urgent to pay is shown last.

Under the order permanence, permanent assets and liabilities
are shown first followde by current assets and liabilities.
The order of permanence is just the reverse of the order of
liquidity.

what is profitability ratio and dividend policy ratio

2076

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Financial Accounting

2257

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8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

1912

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what is the procedure to appoint an Austrlian citzen as indian company director...

1769

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When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?

1924

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What is account payee cheque? Expand ctc cheque?

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Did you use accounting applications at your previous companies or prefer working manually??

1032

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hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?

1916

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in Tally what is cost cenre,cost categori and why we need to prepare them

2062

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I have 4 four category of emplies say Admn/Markting/Procurment/Production and the employees of thee category have there bank accounts in 5 or six different banks. How can i generate Payroll advice for the employees having account in A Or B OR C Or D falling under above category

1952

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How use Budget in SAP, i want to see the report of variant between budget and actuals.

1818

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Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es

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What do you debit and credit if discount allowed is underrated?

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Explain what is bank reconciliation?

3846

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In which condition a vendor raise excise invoice & what are the effect of excise invoice on client ?

1424

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