[Xairie]

How come? Purchases will b Credited Which Increases Profit and will Increase Capital.. Secondly Drawings ll b debited which decrease Capital.. So how come it decreases Capital?

[Xairie]

Right.. Ty sir

[Xairie]

dear sir just tell me whether the above mentioned are correct or incorrect?

[Xairie]

Got it.. Ty very much sir

[Xairie]

And CAN PREF SH BE CLASSIFIED TO AS THE OWNERS??

[Xairie]

Right Sir.. Ty very much

[Xairie]

Thankyou very much

[Xairie]

Does book keeping means postings to the Ledgers??

[Xairie]

So writing Irrecoverable Debts(Dr) and Receiveables(Cr) is not double entry book keeping??

[Xairie]

Right Sir Ty very much!

[Xairie]

No debentures balance was there in 2012

[Xairie]

Right sir.. Thankyou.. And sir if cumulative preference dividend is not paid in the current period than will it appear under current liabilities in the current period??

[Xairie]

Right sir.. Thankyou

[Xairie]

I am xtremely sorry sir.. I posted the questiin in the wrong forum and didnt found my topic in the right forum.. Sorry

[Xairie]

Right sir.. Thankyou

[Xairie]

Right sir.. Ty.. Ok i ll watch the free lecture..

[Xairie]

Right right.. Got it.. Ty

[Xairie]

Ok sir.. U told tht in the lecture aswell, i missed it.. Ty very much…????

[Xairie]

Dear sir,
Y dont v simply charge the actual fixed overheads, when preparing profit statements? Y to a/c for over/under absorption??

[Xairie]

Right sir.. Ty very much.. Ok sir i ll

[Xairie]

Right sir.. I am talkin about the lecture notes e.g..

[Xairie]

Right sir.. Ty

[Xairie]

Thankyou very much sir.. And need not to thank me, we s students owe u.. ????

[Xairie]

Dear sir,
Done with the changing Didnt knew tht, sorry! Sir does published company accounts mean the income statement and sofp of limited companies?

[Xairie]

Right sir.thanku!

[Author]

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