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  • 1 answers

Sneha Gupta 6 years, 1 month ago

The expenses which are still not paid are known as outstanding expenses. It is treated as liabilities. The following entry is: Expense A/c Dr. To outstanding expenses A/c
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Sneha Gupta 6 years, 1 month ago

Why dont u take help from ur book. It obviously has lot of d examples....
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Sneha Gupta 6 years, 1 month ago

Can u tell us what u want.. Journal entry: B Dr. To sales Ac.
  • 1 answers

Ranju Gutgutia 6 years, 1 month ago

Iska matlab hai ki jo accounts ma transaction likhta hai wo money ka basis ma likhta hai
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Sagun Kumar 6 years, 1 month ago

Practical- 2 solve of chapter-financial statement with adjustment
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Sneha Gupta 6 years, 1 month ago

The features of gst are: -It is a taxation system based on destination -It subsumed almost 17 types of taxes from the previous taxation system -It helped to avoid double taxation which was in VAT tax system
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Sia ? 6 years, 1 month ago

<div>Source document is the evidence of a particular transaction which is to be entered in the books of accounts .
Advantages of Source Document :
  1. It helps in audit of the Transactions as it acts as Evidence .
  2. It hels to minimize the input of wrong information in the books of accounts .
  3. Accountability of Source document helps to reduce frauds in an organization .
Disadvantages of Source documents :
  1. Source document for each and every transactions is not possible , in such case of transactions their may be possibility of errors  or fraud in recording transactions .
  2. For large organisations , too much of transactions result in too much of source documents , in that case it is very difficult to maintain hard copy of source documents .
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Sia ? 6 years, 1 month ago

Accounting is the process of recording financial transactions pertaining to a business. The accounting process includes summarizing, analyzing, and reporting these transactions to oversight agencies, regulators, and tax collection entities.

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Laxmi Roy 6 years, 1 month ago

Account holder

Harsh Khandelia 6 years, 2 months ago

Firm's accountant
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Kuhu Baba 6 years, 2 months ago

I am not getting

Kuhu Baba 6 years, 2 months ago

Excercize question and answer
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Chirag Bansal 6 years, 1 month ago

Can you give me one one Q solved on both forrmula

Tejnarayan Thakur 6 years, 2 months ago

It will be calculated by using the two formula i.e original cost method and w.D.V method
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Sia ? 6 years, 2 months ago

Internal users are people within a business organization who use financial information. External users are people outside thebusiness entity (organization) who useaccounting information. Examples ofexternal users are suppliers, banks, customers, investors, potential investors, and tax authorities.

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Manoj Kumar 6 years, 2 months ago

On 1st April 2016 shivam enterprise a second hand machinery for 52000 and spent 2000 on 1st April 2016 Shivam Enterprise purchase second hand machinery for 52000 and spent 2018 unloading on Sterling and 1000 as broke broken of the middle man it was estimated that the machinery will have a Scrap value of 6000 at the end of its useful life which is 10 years on 31st December 2016 repairing and renewals account amount 2500 prepared on 1st October 2018 this machine was sold for Rs 600 and and amount of 600 was paid as Commission to and agent calculate the amount of annual depreciation and rate of depreciation also prepare the machinery account for 3 years assuming that that form of follow financial year for accounting

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