Answer Posted / shivi rana

journal entry:

1 Salary A/C Dr
To ESI Employee Contribution payable A/C
To EPF Employee Contribution Payable A/c
To Salary payable A/c


2 ESI Employee Contribution Payble A/C Dr
EPF Employee Contribution Payable A/c Dr
To Bank A/C

3 ESI Employer Contribution A/C Dr
EPF Employer Contribution A/c Dr
To Bank A/C
4 Salary payable A/C Dr
To bank A/C

What are the basic assumptions in accounting?

1172

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How Can We Justify the,Real A/C & Nominal A/C?

2304

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Calculate the missing figures for company A. A Sales (TSR) (a) Total Variable Costs (TVC) (b) Total Fixed Costs (TFC) $24,000.00 Profit $0.00 Units Sold 1,000.00 Contribution Margin Per Unit (CMU) (c) Contribution Margin Ratio (CMR) (d) Break-Even Point (BEP) (Units) (e) Break-Even Point (BEP) (Dollars) $60,000.00

2200

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Why is it necessary to prepare Asset Disposal Account?

1961

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when the ABC's personal bank to to his business bank money transferred(paid) then how to pass the entry.

1953

---

difition of reserve & surplus

2366

---

Who created snapit accounting?

1178

---

if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1589

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What is the difference between cfa and csa?

10645

---

a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

2403

---

As you know excellent communication skills are at the core of this position. Do you have experience with interpersonal communication in a professional setting?

1118

---

Explain dual aspect term in accounting?

1063

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Please explain the difference between provision and reserve?

1067

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Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

3634

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Tell me what would you say are the most important qualities of an account manager?

1031

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