Answer Posted / umer ali

Inc & Exp a/c.Its objective is to find SURPLUS or DEFICIT.Surplus means profit & Deficit means loss in income & expenditure a/c. P & L a/c finds PROFIT or LOSS.

what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?

2102

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Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

2431

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Define The Term Journal And Explain The Present Day Use?

2358

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what is the process of excise duty?

2523

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Distinguish value andPrice

1933

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helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

2227

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How can a company reduce profit

1998

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whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2313

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Short Answer on ______Transaction

2109

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1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?

2046

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i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp

3324

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Assets are held in the Business for the purpose of____________________

2224

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What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times

2519

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Please send me full details of MIS report how to prepare which item to be consider in MIS report? 2) full details of Esic, PF and Fbt and maharashtra labour welfare fund

2229

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Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector

1772

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