Answer Posted / b mahammad ghouse

Accounting is recording of day to day transactions taken place
in the organization.


Finance is the commercial activity of providing funds and
capital.

What will be the journal entry of purchase and sale for ac purchased for 40000 vat 5% sold for 45000 vat5%

1578

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Accounting for vc money in financials

1072

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Explain me what do you think is bank reconciliation statement?

1031

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Sales Invoice 50000/- fully profit , management want profit for this year should be appear in P&L A/c and B/S 25000/- only and remaining 25000/- profit retain for the next year  What will be JV for this year and next year?- Thank you

2579

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Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm

2522

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Explain me have you ever heard about tds, what it is?

1050

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What are source documents in accounting?

1028

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Define and distinguish between flexible and floating exchange rate system. What kind of exchange rate system does china have?

3712

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List out things that fall under intangible asset?

972

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Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

1865

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Tell me an example of a tough decision that you had to make?

1026

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IN VAT INVOICES DISCOUNT ALLOWED OR NOT

2035

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In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?

1829

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Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?

1900

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Tell me what is your track record for consistently achieving your targets?

1239

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