Answer Posted / Milan Kumar Mazumdar
A debit note is a commercial document issued by a seller to a buyer, acknowledging an unfulfilled or unsatisfactory delivery of goods or services. A credit note is a document issued by a seller to a buyer, reducing the amount owed by the buyer due to an overpayment, incorrect invoice, or return of goods.
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hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
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
what are your current financial and accounting projects? What is your role?
There is no item category assigned to account
why i want to join Hawkins company
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?
As you know account executives need to be talented salespeople. Do you have experience making sales?
Do you use social media to identify prospects?
What is your greatest achievement and why?
How to get C forms in online? Plz give me Processor Thanq
What is account payee cheque? Expand ctc cheque?
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.
Have you ever made mis reports and what are they?
How many invoices on average do you handle on a weekly/monthly basis?
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).
