What is Form No. 8E ? Explain in what situation Form No. 8E can be issued.

Is it Possible to negotiate a LC with Duplicate copies? LC its mentioned its posible and consigne wants the original documents? What are its consequences

Formely Tax Accounting is stated as upper level accounting, how can we demonstrate it?

Using Periodic inventory system: debit creditMerchandise inventory 7/1/05 32,000Sales 380,000Sales returns 12,000purchases 240,000 purchase discounts 6,000purchase returns 10,000freight-in

How do you cope with multiple deadlines, if there are all asked at once ?How do you prioritise them ?How do you handle the pressure in this kind of situation ?Do you feel energised by them ?

Wasting assets are those which will decrease by the consumption. ex:- coal mines

Appropriation is an estimate of expenditure to be incurred. It serves as a benchmark upon which the actions and performance of a governmental unit are measured. It helps monitor and set control to budgetary expenditures; a means by which variances are determined by comparing actual expenses with appropriated balances.

The principles of developing an accounting information system do not include a usefulnessb flexibilityc cost effectiveness d elimination of human involvement