Dear Sir/Madam
The following error do not affect the trial balance
(a) Error of partial omission
(b) Error of Principal
(c) Error of complete omission
(d) All of the above
Please tell what is the answer and please explain?
Dear Sir/Madam
Opening debtors- Rs.50,000
Total Sales- Rs. 50,000
Cash received from debtors- Rs.30,000
Cash Sales- Rs.15,000
Sales Return- Rs.3,000
Bad Debts- Rs.7,000
Bills received from customers- Rs.15,000
Debtors at the end will be
(a) Rs.1,40,000 (b) Rs.1,30,000
(c) Rs.1,20,000 (d) Rs.1,50,000
What is the answer and how to calculate?
How can we treat the following situation, how it appears in accounts and what is the effect in the quantity and value of stock?
Sample raw material received from a party outside india through courier and all the expenses relating to it are met by the party who send the material.
WORKING CAPITAL DIVERSION IS USING SHORT TERM SOURCE FOR LONG TERM PURPOSE.THE FINAL RESULTS IS THAT THE UNIT BECOMES SICK AND THE BANK LOAN BECOMES NPA. OTHERWISE,THE CC LIMITS DIVERTED FOR LONG TERM PURPOSE SHOULD HAVE BEEN BROUHT IN BY THE BORROWER.THIS TRANSACTION IS NOT BEING ACCOUNTED FOR AND NOT REFLECTING IN THE BALANCE SHEET AS THE AMOUNT OF CC LIMITS USED BY THE BORROWER FOR LONG TERM PURPOSE.AS A RESULT, THE USER OF THE BALANCE SHEET IS GIVEN WRONG IMPRESSION. WHY THE WORKING CAPITAL DIVERSION SHOULD NOT BE BROUGHT TO THE BORROWER'S BALNCE SHEET? SO THAT FURTHER RISE IN BANKS NPA CAN BE PROTECTED.
Answer nowI am B.Com passed with having 4 yrs accounting exp., so now i planned for correspondence MBA from any institute . So please suggest me is it benefited for my future.
Regards,
Bhai Dupare
Sir,
can anyone provide me salary and wages prepration software of any unit in excell.
Thank you
As on 31.3.2010- cost of computers in books is Rs.35,24,566 and accumulated depreciation up to 01.04.2009 is 32,77,371.13 as per companies act. So much depreciation can be claimed in the Fy 2009-10.Kindly help.....
Answer nowIs there any change in AS 11 which is applicable for Nov,10 exam?
The difference in Forex is transferred to a account called Foreign Exchange Fluctuation Account, but i think the nomenclature of this account is amended or changed,so pls if anyone know pls let me know the real changes which are applicable for this exam
its urgent, exam is going to start on Tues
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