Answer Posted / abhilash

Personal :Debit the Receiver
Credit the Giver

Real :Debit What comes in
Credit What Goes Out

Nominal :Debit All Expenses & Losses
Credit All Incomes & Gains

How do you handle lack of direction or working in chaos

2049

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What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.

2274

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why specifically inited states ?

1880

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where we have file E-returns in SAP FICO-CIN/Wtax?

2666

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How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?

2379

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whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2350

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what is the scenario of multi-org setup?

2386

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while i creating a main asset master there is a error called process being terminated? pls send the solution

2199

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what is investment banking

2000

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can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

2416

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Expand---------TDCB

1943

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what is mba tell me the more benefits in mba

2211

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Expand----------SAMC

2104

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plz send me the accounting questions and answers of bank of america.

1903

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pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com

2028

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