Answer Posted / gnraja
start each budget afresh and not based on historical
data.budgets are zero unless managers make the case for
resources.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
The main financial accounting statements?
Journalise- opened a saving a/c with S.B.I. ?
what is special purpose ledger in SAP.. is it required to configure in ECC 6.0 since New GL concept is active?
Apportionment of expenses
What is creative accounting?
Did you use accounting applications at your previous companies or prefer working manually??
Fundamental accounting assumptions are (a) Materiality. (b) Business entity. (c) Going concern. (d) Dual aspect
The following transactions relating to ABC Ltd for the month of 20x1 a) Services performed in relation to income recieved in advance total $1500 b)Supplies expense includes $400 of supplies that are still on hand at 30 June c)Interest accrued on the bank loan is 750 d)At the end of june paid rent for 3 months (June, july Aug) $6000 e)Credit sales for the month of June 2009 amounted to $50000. Past expierence shows that around 1.5% of net credit sales are written off as bad debts. XYZ ltd, previously notified ABC ltd that they have gone bankrupt, will be able to pay $1000, which was recieved at the end of the month. The provision of doubtful debt has an opening balance of $800. f) The owners of ABC Ltd wish to revise the balance of the provision of doubtful debts account to $3500. g) Depreciation of one year on the delivary van is $1500. h) On 30 June 2009, ABC Ltd sold an item of equipment for $40000 cash. The cost of equipment was $50000 and had a accumulated depreciation balance of $2000 REQUIRED: Prepare the relevant adjusting journal entries for the month of June 20x2
what is profitability ratio and dividend policy ratio
is it related to b.com syllabus or puc syllabus
What is an interest rate swap
What's the accounting entry when an Invoice is created in AR?
Hello friends, I want to sk that Is computer proficiency certificate necessary at the time of SBI clerk Interview?and all other guys who have cleared the nov 2009 exam and have got the bio data form please give replies,,, waiting for replies ,thank you.
Define balancing in accounting?
What is the procedure of submit bank guarantees and cancellation.