Answer Posted / pramod singh

party a/c dr.
bank charges a/c dr.
to bank a/c

One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?

2680

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Define partitioning in accounting?

1549

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if company give the purchase order worth of 10,000 (INR) in advance, but the seller only sell around 8,000 (INR)and remain ing Rs 2000 return to the company, so how to deal with this scenario in accounts payable in oracle, can u hide to me

1817

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What is short term solvency ratio?

1042

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Why in KE5Z report in SAP Accounting Data not found?

4146

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Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

3691

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Can you differentiate accounting and auditing?

1067

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What is an Automatic Payment Program ?

2097

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Differentiate public and private accounting?

1029

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What is computerized accounting?

1040

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What is band and why the company needs this?

1991

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what is an ideal organisation

2211

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Explain the meaning of long-term notes payable is or long term liabilities?

1184

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I want to know accounting information in oracle apps projects costing module. i.e Which account is cr and which account db. Please help me.

2112

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What is a trial balance in accounting?

1081

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