Answer Posted / gyansaxena
TOTAL IMPORT - TOTAL EXPORT = BALANCE OF TRADE
Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
What information is included in a bill for services?
hai everone,can anyone send me the accounting ,finance,general interview questions for mba freshers plz.....urjent
List out things that fall under intangible asset?
can we change date in tally.erp s/w in educational mode ?
Explain me is any difference between inactive and dormant accounts?
I got a transaction of Online Recruitment Charges, So What is the Ledger to Create?
Tell me what are the three factors that can affect your cash flow and business profitability?
What are the methods used in different industries for labor and non-labor costs in Projects.
i need clarification about tds will be calculate before deductions or after deductions on gross salary+incentive
What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).
Discuss the consistency concept in accounting
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
Define scrap value in accounting?