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ong>Answer:

The sacrifice ratio can be considered to be a financial TOOL that helps to ascertain the PROPORTION of PROFIT that EXISTING partners of a firm has to SURRENDER to favour a newly admitted partner.

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EXPLANATION:

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ong>Answer:

QUESTION HAI YA writing

Explanation:

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Pura question paper type KAR diya to EXAM me KYA likha

major HEADING :LONG TERM assets

sub heading: intangible assets

ong>ANSWER:

may be DEPOSIT or SECURITY deposit

ong>EXPLANATION:

Accounting can be considered an art because it requires creative judgment and skills. ... Accounting can also be considered a science because it is a body of knowledge, but since the rules and PRINCIPLES are CONSTANTLY CHANGING and improving, it is not considered an EXACT science.

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ong>Answer:

Accounting can be considered an art because it requires creative judgment and skills. ... Accounting can also be considered a science because it is a body of knowledge, but SINCE the rules and PRINCIPLES are CONSTANTLY changing and improving, it is not considered an exact science.

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ong>Answer:

grammar &TEXT and the same way I think about it as well and your life has changed in cursive to me in a way to be a LITTLE too young and I think I have to go BACK in TAMIL as I 8PM it orderly but l not a bit LIKE it with my Eyes on a

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ong>Answer:

Accounting Treatment

Bills Receivable − If we have to receive the payment against bills of exchange or promissory note, it will be CALLED as “Bills Receivable” and will be shown in the ASSET SIDE of Balance-sheet under Current Assets. Bills Payable − Bills payable is current liabilities in hand of Drawee.

ong>Answer:

The Indian financial services industry comprises SEVERAL key subsegments. These include, but are not limited to- mutual funds, pension funds, insurance companies, stock-brokers, wealth managers, financial advisory companies, and COMMERCIAL BANKS- ranging from small domestic players to large multinational companies

ong>ANSWER:

Double entry is a system of accounting in which both debit and CREDIT aspects of accounting are recorded. Every TRANSACTION has TWO aspects debit and credit. We record both debit & credit sides for every transactions

ong>Answer:

TAKE from this his malgudi DAYS collection the third person by an annamed NARROTOR from the beginning of the story the reader realies that NARAYAN may be exploring the theme of CONTROL

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ong>Answer:

PREMIUM SHARING is called the BUSINESS trend wheer pre-op and PROSPERITY

ong>Answer:

SMS banking' is a form of mobile banking. It is a facility used by some banks or other FINANCIAL institutions to send MESSAGES (also called notifications or alerts) to CUSTOMERS' mobile PHONES using SMS messaging, or a service provided by them which enables customers to perform some financial transactions using SMS.

ong>ANSWER:

I think it is

Good will is what where INDIVIDUAL SKILL is IMPORTANT

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receipt and PAYMENT account generally shows a DEBIT balance. To ascertain any missing item of receipt or payment, generally cash book SUMMARY is prepared

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ong>Answer:P>

The profit or LOSS on revaluation is transferred to all the partners' CAPITAL ACCOUNTS in their old profit sharing ratio. amount is only an estimate. So if profit,retiring partner's share of profit up to the date of retirement should be credited to his capital ACCOUNT by debiting P&L Suspense account and vice versa.

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The noted scholar, Abu Jafar, has explained that 'Shab' is a Persian WORD for night while 'Barat' in Arabic stands for salvation and forgiveness. This PARTICULAR night is ALSO important because Allah is believed to decide the fortunes of all for the next year: who WOULD live, who would die and who would be born.

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ong>Answer:

COUNTER OFFER is a response given to INITIAL offer.

Explanation:

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Explanation:

VEHICLES such as COMPANY trucks.

Office furniture.

Machinery.

Buildings.

Land.

ong>Answer:

EXAMPLES of revenue accounts include: Sales, Service Revenues, FEES EARNED, Interest Revenue, Interest Income. Revenue accounts are CREDITED when services are performed/billed and therefore will usually have credit balances.

FIRST CALL AC Dr

to SHARE CAPITAL ac

ong>ANSWER:

Examples of internal users are owners, MANAGERS, and employees. External users are people OUTSIDE the BUSINESS entity (organization) who use accounting information. Examples of external users are SUPPLIERS, banks, customers, investors, potential investors, and tax authorities.

ong>Answer:

company has paid SALARY of rs 120000, electricity charges rs 50000 telephone charges 70000 DEPRECIATION & amortization is rs 200000 what will be CASH flow from OPERATING activity

ong>Answer:

Assume IGST @ 12% CGST @ 6%

SGST @ 6%) (Prepare Journal Proper is also required).

1st April, 2020 SOLD to Hindustan traders (Delhi)

50 L-Drops @ * 60 each LESS 20% Trade discount

20 Tower bolts @ 120 each Less 25% Trade discount

5th April, 2020

Purchased from Rahul Traders (Chennai)

25 door lock set @ * 600 each

20 door latch @ 800 each

10th April, 2020

Chaudhary and sons purchased from us

80 Dozen door hinges @ * 90 per dozen

Purchased from Commercial Typing college and instruments

1 Typewriter @ 6,000 on credit

12th April, 2020

16th April, 2020

Sri Ram and Sons (Ayodhya - UTTAR Pradesh) sold to us

10 Door handle SETS @180 each less 10% Trade discount

20th April, 2020

Hindustan Traders returned

5 L-Drops

22nd April, 2020

Sold to Jai Bhagwan for cash

Door hinges for 11,200 net including GST

25th April, 2020

ong>Answer:

The rose is a type of flowering shrub. Its name comes from the Latin word Rosa. The FLOWERS of the rose grow in many different COLORS, from the well-known red rose or yellow roses and sometimes WHITE or PURPLE roses. Roses belong to the family of plants called Rosaceae..

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ong>Answer:

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ong>ANSWER:

Under LIFO, a business records its newest PRODUCTS and inventory as the first items sold. The opposite method is FIFO, where the oldest inventory is RECORDED as the first sold. ... If the cost of buying inventory were the same EVERY year, it would make no DIFFERENCE whether a business used the LIFO or the FIFO methods.

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2 (C): Classify the Accounts into Assets, Liabilities, Income, Expenditure and Capital (3M)

(1) Goods A/C

(2) Wages A/C

(3) Loan A/C

(4) Debtors A/C

(5) Creditors A/C

(6) Furniture A/C

(7) BILLS Receivable A/C (8) Meena's Capital A/c (9) Drawing A/C

(10) Discount A/C

(11) RENT Received A/c (12) Building A/C

CANA

ong>ANSWER:

COST of inventory includes the cost of purchased merchandise, less discounts that are taken, PLUS any DUTIES and transportation costs PAID by the purchaser

बचत खाते (सेविंग्स अकाउंट), खुदरा वित्तीय संस्थाओं द्वारा बनाये रखे जाने वाले खातों को कहते हैं जो ब्याज तो प्रदान करते हैं लेकिन जिन्हें सीधे तौर पर धन के रूप में (उदाहरण के लिए, एक चेक लिखकर) इस्तेमाल नहीं किया जा सकता है। इन खातों में ग्राहक अपने अतिरिक्त धन के कुछ हिस्से को अलग रखने के साथ-साथ थोड़ा ब्याज (मॉनेटरी रिटर्न) भी कमा सकते हैं।

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ong>Answer:

Good MORNING my FRIEND Have a good day

EXPLANATION:

A Journal records the transactions in a chronological ORDER, i.e. as and when they OCCUR. Transactions of a business are recorded in the book of original entry on the BASIS of their occurrence from the source DOCUMENT.