Interested to Buy Any Domain ? << Click Here >> for more details...
This question was in opi final round
u give a loan for your friend a 1000 rs he returns 600 rs
and u have to close ur accounts what should u do to close
the accounts? and what is journal entry?
- 5 Answers
- 9274 Views
- OPI Global, I also Faced
- E-Mail Answers
Answer Posted / bugsy
Cash/Bank DR - 600.
Acct.Rec DR - 400.
Friend - CR 1,000.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
Short Answer on _____________Whole Sale Trade
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
EXPAND_________TOEFEL
Please let me know what to answer how long you prepared for SBI exam? if selected your credit goes to whom?
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
What is Inventory Control?
Exapnd--------RAN
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
What is money measurement concept
• What is depreciation and the method?
