Differences between management accounting,cost accounting and financial accounting
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Question 2. Prepare Trading and Profit and Loss Account and Balance Sheet from the following balances relating to the year ended 31st March, 2018: Additional Information: (i) Closing Stock was valued at ₹ 14,500. (ii) Depreciate Plant and Machinery by ₹ 4,000. (iii) Write off Bad Debts ₹ 5,000. (iv) A sum of ₹ 400 is due for repairs.
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Security premium reserve in an example of…………………? 1. revenue reserve 2. Capital reserve 3. reserve capital 4. Revaluation reserve
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Show the following items in the balance sheet as per the provisions of the Companies Act, 2013 in Schedule III Particulars Rs. Particulars Rs. Preliminary Expenses 2,40,000 Good will 30,000 Discount on issue of shares 20,000 Loose tools 12,000 10% Debentures 2,00,000 Motor Vehicles 4,75,000 Stock in Trade 1,40,000 Provision for tax 16,000 Cash at bank 1,35,000 Bills receivable 1,20,000
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Printing and stationery A/C which type of account
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1. Draw a diagram of accounting process.
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An adverse balance of payment is always i sign of weakness in the economy.” comment
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If growth rate of expected goes up than price of stock will
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Total number of ledgers groups entries etc. can be shown from
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Role of cost accounting in strategic planning and management control
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Difference between audit around the computer and audit through the computer
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What is unaccrued income
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Why shortcut key is used to enable value added tax mcq?
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When a liability is increased it is recorded on the?
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In which of the following books transaction are first time recorded Ledger Journal Trial balance
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What is the journal entry of received cheque for goods sold?
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What is intimation charges?
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What is the difference between receipt and cash memo?
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Which capital of owner is shown on the liabilities side of the balance sheet?
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Variable which is used to store large amount of data
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Explain cost of control in context of a holding company
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In which of the following books, separate account is maintained for each item?
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Took loan from mahboob journal entry
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Drawings related to ………. (a) Personal account (b)Real account (c) Nominal account (d) not
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which of the following is not the function of investment banking? (a) venture capital fund advisory (b) new issue management (c) private equity advisory (d) working capital management
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Proper Analysis of data on bill of exchange
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The total amount of GST liability for the month is shown in _____ GSTR-1 GSTR-2 GSTR-3 None of the above
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Explain the difference between royalty and rent. State the advantage to landlord for imposing the condition of minimum rent
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Method and methodology of bill of exchange
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_________ is a statement that compares the bank’s statement and a company’s accounting records
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What is branch adjustment account
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Every debit must have is corresponding credit? Discuss this statement.
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What is free hold premises treatment in final accounts?
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Calculate amount of medicines consumed during the year ended 31st March, 2018: Opening Stock of Medicines – ₹ 1,00,000 Opening Creditors for Medicines – ₹ 90,000 Cash purchases of Medicines during the year – ₹ 3,00,000 Closing Stock of Medicines – 1,50,000 Closing Creditors for Medicines – 1,30,000
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What is the difference between Cash Book and Cash Flow Statement? In both the cases receipts as well as payments are recorded, so what is the basic difference/ Please provide similarities between the two if any.
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Difference between crossed demand draft and demand draft
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Bank loan place in final accounts
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Conclusion of branches of accounting
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Examples of non current investment.
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Tagline of Cadbury Dairy Milk What is the tagline of Cadbury Dairy Milk?
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Purchase goods paid by cheque
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What you mean by outstanding subscription?
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Sundry receipts(revenue) entry in final accounts
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What is the gross salary taken home in pb-2, `.9,300 – 34,800+ g.p 4,400/- pm?
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Classification of accounting theory
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What is octroi duty?
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Why is journal sub-divided? Name the special journals generally maintained by the business and state the type of transactions entered in each of them.
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Father of the auditing
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Meaning of piecemeal distribution of cash
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Define supporting voucher
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