Answer Posted / mohit verma

PERSONAL ACCOUNT DEBIT - THE RECEIVER
CREDIT - THE GIVER

REAL ACCOUNT DEBIT - WHAT COMES IN
CREDIT - WHAT GOES OUT

NOMINAL ACCOUNT DEBIT - ALL EXPENSES AND LOSSES
CREDIT - ALL INCOMES AND GAINS

Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1211

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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%.

1844

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Office cash was stolen? state whether the following transcation is business transcation or non business transcation?

1492

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

1969

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EXPAND___________LNG

1554

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diffrence between the profit center and business area

1667

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what are the difference between banking institutions and financial institutions?

1562

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We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

1394

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what happens to each of the three primary financial statements when gross margin decreases?

1572

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which name written in Tan application form Applicant is sole proprieter companies name or individual name?

1476

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Expand-------CAN

1440

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where does the closing stock appears in the trial balance?

1510

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What Question ask in MARKIT Company?

6521

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Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

1614

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Expand---------TDCB

1433

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