siva

• Jul 30th, 2012

Turn over is capitalization of company or business concern for particular period or total sales operations figure in company

Susanta Ku. Mohapatra

• Oct 17th, 2011

Total Sale of year or a period is called turn over.

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If some one tell me in the interview how to make purchase entry ? pl tell me the answer.

khan

• May 3rd, 2013

Purchase A/c dr
to creditor A/c

Susanta Ku. Mohapatra

• Oct 17th, 2011

1. Go to Get way of Tally
2. Press V (Short Cut Key)
3. Press F9 (Short Cut Key)
4. Type - Purchase A/c. Dr
Cash/Bank A/c. Cr. (if Cr. purchase then type name of the comp.)

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Sadiq

• Nov 23rd, 2014

Cash basis = Received / paid cash on the spot (only cash transactions)

Accrual basis includes cash as well as on credit. (receivable and payable)

Deepthi

• Oct 27th, 2011

Cash basis accounting is when record in books once we receive cash in hand/bank or when we make payment in cash or through bank but accrual basis once we accure the income we record in the book irrespective of whether we received or not.

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What is meant by Debtors Reconciliation. Explain in detail about it

Subhajit Dutta

• Sep 5th, 2015

Please help to get Debtor Ledger reconciliation details with a example (ledger copies)

JANINE BARR

• Oct 31st, 2011

A debtors reconciliation is to ensure that the balance brought forward and the closing balance tally. Reconcili payment and invoices

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why while calculating deprecation we do not consider the change in prices of the machinery in the market i.e fluctuation in prices in market? As we consider the accounting period one of the concepts

Hamayun

• Mar 31st, 2016

According to the international accounting standards we take the value of an asset whichever is less either market value or actual value.

jayaprakash mc

• Aug 12th, 2015

We have to account for all anticipated losses but not profits. If the usefulness of the asset has gone down due to technical or behavioral changes, we are at liberty to provide additional deprecation. How ever we should not consider appreciation in market value.

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FAISHAL kHALIL

• Jun 7th, 2017

An accounting method whereby the costs associated with producing a good or service are recorded only after the good or service is actually produced, completed or sold

Jenny Vakharia

• Sep 19th, 2016

Back flush costing is a costing system tailored to just in time production systems. It contrasts with traditional costing systems that use sequenticial tracking to record purchases and movements of co...

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i want to know right enrtry of this question

DEBTORS 10000/-
DISCOUNT ALLOWED 1000/-
RECEIVED BAL 4000/-
REST OF AMOUNT BAD DEBTS

Shahnawaz

• Jul 24th, 2017

DR - Discount allowed 1000 + Cash/Bank 4000 + Bad Debt Expense 5000
CR - Accounts Receivables 10000

Amaed Ahmed

• Dec 3rd, 2016

(1) in Payment Voucher
Cash / Bank A/c ............ Dr Rs. 4000/-
Discount Allowed A/c ..... Dr Rs 1000/-
To, Debtor A/c ..............Cr Rs 5000/-

(2) In Journal Voucher
Bad Debts A/c DR .......... Rs 5000/-
To, Debtor A/c Cr ........... Rs 5000/-

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Do not explain just defination........ answer should contain example

Suyash Shah

• Sep 12th, 2017

Product is an object which, in itself, is static & does not involve time as one of its dimension. On the other hand, process is continuous & essentially implies time as one of its ingredients. So, the cost of product is arrived per unit & that of process is arrived per unit time.

Jitender Chhabra

• Oct 1st, 2015

Product Costing mean sum of all cost incl. Material (Direct), Labour (Direct/Indirect), all Overheads (factory overheads, selling & distribution overheads, admin overheads etc..) which are involved to...

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TDS deducted by the Customer and deposited in central govt.account through receipt is an income or expenditure or what?

kathirvel

• Feb 16th, 2018

TDS will be deducted by buyer from service provider ( Not a seller ). TDS is liability from buyer point of view so this TDS will be deducted from service provider and paid to govt.

Praveen M

• Dec 2nd, 2015

Take a Example Interest income Rs. 10000, Received Rs. 9000 and TDs deducted Rs. 1000 Make following adjustments
1. Less. Rs. 10000 from P/L balance (being non-operative income credited to P/L)
2. Add: Rs. 9000 to Cash from investing activity (bring cash flow from interest)

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Arjun lal

• Mar 19th, 2019

Bank and creditors are real accounts

Sonali Avinash Gawade

• Mar 14th, 2019

If we open bank account in sbi bank by depositing cash..... then it is personal acc or real acc ?

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