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Q. Balance Sheets of a limited company are shown in figure as on 31st December, 2008 and 2009:
Taking into account the following additional information, give a statement of Funds and Schedule of modifications in Working Capital:
a. Provision of Rs.9,000 for Income-Tax was made during the year.
b. Dividend was paid Rs.6,000.
c. Rs.3,600 was written off as Depreciation on Plant.
Periodic Review
A user buys a new transponder for $20. What debit and credit entries would need to be made?
The tax payable on a non-salary benefit given to an employee or an associate of the employee. The employer is liable to pay any FBT and may decide to recover the FBT amount from th
Why is the cash basis of accounting not used when preparing financial statements?
Assignment On accounting is language of business
Q. Basic elements of financial statements? Therefore far we have discussed objectives of financial reporting and qualitative characteristics of accounting information. A third
on april-1,2005,raghu started a business of selling steel pipes and angles.he invested cash of Rs.50,00,000 & opened a current a/c with bank for Rs.20,00,000.He took loan from ICIC
Why to and by using in journal, trading a/c, p&l a/c and ledger?
what is the BRS
Assume we had given tour advance to party how to treat entry and which head have to given expenditure? Ans) Cash/Bank a/c DR To Party(name)a/c (Advance Paid For Tour)
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