Answer Posted / s.sudharson

Provision is an amount set aside out of profits to meet a liability whereas reserve is an appropriation out of profits.Provision is charged in Profit and loss A/c and appears in the balance sheet as a liability.Reserve appears in the Balance sheet as a part of capital.

Short Answer on ______Amortization

2060

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what type of questions are asking for fund administration???

5434

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what would you contribute for bhels growth

2050

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what is Functional Specification in SAP FICO?

1017

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Telly ERP9 is perfect accounting softwear in excise unit.

3750

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IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT

1936

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What is Hot Issue Income for Hedge Funds?

8710

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WHAT IS CORPORATE ACTION?

2137

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If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.

2198

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Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.

2004

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when calculating for np% do i include interest or do i take it off

2431

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Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.

2053

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What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

2106

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Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1909

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let me know the minimum Accounting Heads in an accounting system

4647

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