Answer Posted / manish kumar shaw

Personal Account :-
Debit the receiver
Credit the giver.
Real account :-
Debit what comes in
Credit what goes out.
Nominal Account :-
All expenses and losses are Debit
All incomes, profits and gains are Credit.

Can anyone mail journal entries for me? my Mail id rukmini@live.in

1963

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How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

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what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4633

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Whatis new GL & Odd G.L What is the difference between these two.

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What is Merchandising Accounting process

2113

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Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

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You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

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Short Answer on -----Trade mark

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3143

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If its is declared by auditor that business is not going concern that what journal entry will be pass?

1963

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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2228

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what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form

4223

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