Answer Posted / kadirirakesh
permanent fall in the value of an asset
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How to increase our credit rating score quickly?
Explain the word Liquidation
Short Answer on __________Revenue
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Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
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What is Financial planning?
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.
i want the difference p&l a/c and Income and expediture statement
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
business sepsarate entity concepts
What are the Types of invoices batching? & what is 3 way batch?
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