Answer Posted / random

The reason companies do not want to have current ratios which are too high is because it would mean current assets are not being used efficiently to generate positive cash flows in the future. A ratio of 100 to 1 is hardly ever heard of because it means the company has an overwhelming amount of cash and cash equivalents, but it is not investing in any projects which would be profitable in the future. Holding substantial amounts of cash would lead to great opportunity costs due to not investing in projects that otherwise would be profitable for the company.

What is fair value accounting definition?

1205

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shares convert into share capital what is the journal entry? how many ledgers need to create?

1995

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I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

1994

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what is different between leaser of subsidary book and journal?

1912

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Plant and machinery destroyed for 50000

1587

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For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

1727

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Sir i want to ask that if the salary above 6500/- than also pf deduct.

1927

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what is payment written

1976

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Payment Blocks . What is "A" and "R" Blocks in Account payables.. ??

1565

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Plz Ask from me New Accounting Questions.

1851

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What steps would you take to locate the errors in case trial balance disagrees?

988

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Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

2193

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Explain what is ledger?

1048

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Who is considered the father of accounting?

1147

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You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

1486

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