Interested to Buy Any Domain ? << Click Here >> for more details...
• Where does closing stock appears in the trial
balance?
- 3 Answers
- 9639 Views
- BNY Mellon, Mellon, I also Faced
- E-Mail Answers
Answer Posted / kish
closing stock will apper in credit side of the trail balance all sales and sales returns will appear in credit side of trail balance after deducting purchase goods carriage and all in sales we will get closing stock
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
what is Journal Entries?
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
What is Trade Recovery Estimate and how can we calculate it?
selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety
What is the important of cash in a business unit
Expand-------MTRS
Expand MNS
what would you contribute for bhels growth
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
What do you think you do well?
What will be entry pass in tally if TDS paid by Credit Card.?
