MGT101 - Financial Accounting assignments


MGT101 - Financial Accounting assignments


Members: 248
Latest Activity: Aug 9

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cash acctng vs accrual accntng??

Started by shumaila akbar bsc1 Nov 27, 2013. 0 Replies

MGT101 Assignment No.1 SOLUTIONzzzzzz

Started by Faisal Dar (MIT Complete) May 2, 2013. 0 Replies

MGT101 Assignment No.1 SOLUTION

Started by Faisal Dar (MIT Complete) May 2, 2013. 0 Replies

MGT101 Financial Accounting Assignment No.1 and SOLUTION

Started by Faisal Dar (MIT Complete) May 2, 2013. 0 Replies


Started by nida muhammad. Last reply by Umar(MITist samestor) Apr 30, 2013. 3 Replies


Started by nida muhammad Apr 30, 2013. 0 Replies

Q: what is b/d and c/f?

Started by нυмα ιℓүαs(M.Com, MCS 3rd) Jan 9, 2013. 0 Replies


Started by daniyal siddique (BSIT)1st Jan 9, 2013. 0 Replies

mgt101 Assignment 2

Started by Mohammad Ahsan Jan 8, 2013. 0 Replies

Asslamu Alaaikum

Started by ɹɐnɐℬsℭs1 Nov 10, 2012. 0 Replies

Assignment No. 02 MGT101 - Financial Accounting

Started by Irfan Khan*^Mscs*Admin^*. Last reply by Irfan Khan*^Mscs*Admin^* Sep 16, 2012. 1 Reply

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Comment by Muhammad Sajjad MBS (2st) on August 6, 2013 at 1:05pm

Q. A book-keeper found that there is a difference in the trial balance debit side total and credit side total. He placed the difference in the suspense account which was carried forward to the next year. Next year, the following errors were discovered: (20) (i) Petty cash balance Rs. 55 was omitted from the trial balance. (ii) A sale of Rs. 200 to Jamal was posted to Jameel’s account. (iii) The total of returns outwards book for Rs. 220 was not posted in the ledger. (iv) Returns inwards book was under-cast by Rs. 80. (v) A purchase of Rs. 330 from Rashid has been entered in the sales book but the Rashid’s account was posted correctly. (vi) A sale of Rs. 286 to Shah Din was entered sales book as Rs. 268. (vii) Furniture sold for Rs. 650 was entered in sales book as 560. Give rectifying journal entries and prepare suspense account.

Comment by Amtal Arzoe(!BCS!) on November 27, 2012 at 10:34am

im here

Comment by fatima ghafoor (MBS 1) on November 11, 2012 at 2:38pm

AOA, can any one please let me know about stock treatment. and discout recive our direct income or indirect


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