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  • 3 answers
If you focus on concepts then it is pretty easy

Kumud Ranjan 8 hours ago

Accounting principles any 4

Khushi Delio 11 hours ago

Easy
  • 4 answers

Silla Gayatri 10 hours ago

Yes cash is a asset for the business

Silla Gayatri 10 hours ago

Cash

Khushi Delio 11 hours ago

Asset

Priyanshu Mendhe 14 hours ago

Cash is asset
  • 1 answers

Gaurav Seth 16 hours ago

GST Advantages

  1. GST is a transparent tax and also reduce number of indirect taxes.
  2. GST will not be a cost to registered retailers therefore there will be no hidden taxes and and the cost of doing business will be lower.
  3. Benefit people as prices will come down which in turn will help companies as consumption will increase.
  4. There is no doubt that in production and distribution of goods, services are increasingly used or consumed and vice versa.
  5. Separate taxes for goods and services, which is the present taxation system, requires division of transaction values into value of goods and services for taxation, leading to greater complications, administration, including compliances costs.
  6. In the GST system, when all the taxes are integrated, it would make possible the taxation burden to be split equitably between manufacturing and services.
  7. GST will be levied only at the final destination of consumption based on VAT principle and not at various points (from manufacturing to retail outlets). This will help in removing economic distortions and bring about development of a common national market.
  8. GST will also help to build a transparent and corruption free tax administration.
  9. Presently, a tax is levied on when a finished product moves out from a factory, which is paid by the manufacturer, and it is again levied at the retail outlet when sold.
  10. GST is backed by the GSTN, which is a fully integrated tax platform to deal with all aspects of GST.
  • 1 answers

Kush Pandey 1 day, 9 hours ago

The aim of the Journal of Capital Markets Studies (JCMS) is to publish high-quality research in the areas of economics and finance with a specific focus on capital markets. The journal proposes to arm its readership with the latest research and commentary in all areas associated with the capital markets.
  • 1 answers

Kush Pandey 1 day, 9 hours ago

On the basis of the due date there are two types of bill of exchange: * Bill of Exchange after Date: In this case the due date is counted from the date of drawing and is also called bill after date. * Bill of Exchange after Sight: In this case the due date is counted from the date of acceptance of the bill and is also called bill of exchange after sight.
  • 1 answers

Miss Angel 1 day, 13 hours ago

Calital is the investment done by business man in his business in form of cash , building etc
  • 1 answers
Expenses are karche in local language
  • 3 answers

Ajay Garg 1 day, 23 hours ago

Rent A/C Dr. 4000 To bank A/C. Cr. 4000 Stationery A/C. Dr. 1000 Cash A/C. Cr 1000

Balwinder Dhaula 2 days, 1 hour ago

Rent a/c dr 4000 To bank a/c 4000

Balwinder Dhaula 2 days, 1 hour ago

Stationary a/c dr 1000 To Cash a/c 1000
  • 2 answers

Vishakha Ghai 1 day, 14 hours ago

Yes, along with the total from the previous page.

Urvesh Surwade 2 days, 10 hours ago

No
  • 0 answers
  • 1 answers

Gaurav Seth 2 days, 22 hours ago

These accounts are related to individuals, firms, companies, etc. A few examples of personal accounts include debtors, creditors, banks, outstanding/prepaid accounts, accounts of credit customers, accounts of goods suppliers, capital, drawings, etc.

Natural personal accounts:  This type of personal accounts is the simplest to understand out of all and includes all of God’s creations who have the ability to deal, who, in most cases, are people. E.g. Kumar’s A/C, Adam’s A/C, etc.

Artificial personal accounts: Personal accounts which are created artificially bylaw, such as corporate bodies and institutions, are called Artificial personal accounts.E.g. Pvt Ltd companies, LLCs, LLPs, clubs, schools, etc.

Representative personal accounts: Accounts which represent a certain person or a group directly or indirectly. E.g. Let’s say that wages are paid in advance to anemployee – a wage prepaid account will be opened in the books of accounts. This wages prepaid account is a representative personal account indirectly linked to the person.

  • 0 answers
  • 2 answers

Ajay Garg 1 day, 22 hours ago

Vohcher is proof for bussoness transaction

Nishant Shukla 2 days, 12 hours ago

It is like a proof or documentary evidence for the transactions is called voucher
  • 1 answers

Rohan Sharma 3 days, 10 hours ago

Debit comes in (real account)
  • 2 answers

Abhinv Sahu 3 days, 10 hours ago

🚫no

Hir Thakker 3 days, 12 hours ago

Calculator not allowed in cbse
  • 1 answers

Ankita Pahwa 3 days, 12 hours ago

Drawings a/c Dr.1200 To cash A/c. 1200
  • 1 answers

Sia 🤖 5 days, 17 hours ago

Tally Accounting is a software used for accounting purposes.

  • 0 answers
  • 1 answers

Khushi Delio 6 days, 11 hours ago

Bank a/c. Dr. To int. On bank a/c
  • 1 answers

Khushi Delio 6 days, 12 hours ago

Trade discount is not shown in books of accounts .

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