Interested to Buy Any Domain ? << Click Here >> for more details...
give journal entries for the following
jan-1 started business with cash 50000 & loan 80000
- 14 Answers
- 56174 Views
- Ascent, I also Faced
- E-Mail Answers
Answer Posted / rajeev shukla
Capital a/c dr 50000
loan a/c dr 80000
to cash 130000
| Is This Answer Correct ? | 5 Yes | 28 No |
Post New Answer View All Answers
Can anybody tell me how much salary m show in my resume for expection for the next job m graduate 2year accounts experience?
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
3.In TALLY,we used to call tally erp 9.like that,in sap we used to call SAP ECC 6.0.here what is ECC?,i know the abbreviation of ECC.i want to know the role of ECC?
what is contigent liabilities? whats it status in balance sheet?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
what is a depository?
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?
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%.
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
How exchange rates are maintained in sap
How can we display last five years sales in tally
What is Compliance?
who introduces the single entry format?
What are write off entries to be passed say if im having payable of Rs. 400 standing in the balance sheet and I want to write it off...
