Answer Posted / Sanoj Kumar
An Accounting Transaction refers to any financial event or economic exchange that affects a business's assets, liabilities, equity, revenues, or expenses. These transactions are recorded in the accounting system, and they result in journal entries, which are used to update the business's financial records.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
Tell me what is your track record for consistently achieving your targets?
Which accounting applications are your familiar with?
Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-
describe any accounting process that you have developed or revised
IS METHODEX IS GOOD INSTITUTE FOR SAP FICO MODULE TRAINING. IS IT IN BANGALORE OY HYDERABAD.
PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330
Tell me an example of a tough decision that you had to make?
please send me banking question on my email ID as I have been selected for state bank of india .my email ID is sawant.supriya51@gmail.com
can any one send me tally professional version link
what is your opinion regarding T.V shows on youth
Do you have any professional experience in this field?
WHICH QUESTIONS ASKED IN EPFO IN 2009.
The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).
why i want to join Hawkins company
