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Showing posts from December, 2016

Closing entries

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  Closing entries main wo tamam accounts aaty hain jo k income statement main aaty hain yani expenses and revenue/ income. Sary expense and income account close hojaty hain closing entries main. Entries

Partnership Admission

1) purchase method = purchase / buy word 2) bonus method = Capital is increased by new partner's investment

Zarb E Azb Operation In Pakistan Essay In English

Zarb E Azb Operation In Pakistan Essay In English Operation Zarb-e-Azb, a mutual service of the equipped forces against the different combative groups, including Tehreek-e-Taliban Pakistan (TTP), Lashkar-e-Jhangvi, Jundullah, Al-Qaeda, East Turkistan Islamic Movement (ETIM), the Islamic Movement of Uzbekistan (IMU) and the Haqqani Network, in the area of FATA. About some 30,000 Pakistani soldiers took part in Zarb-e-Azb, illustrated as a ‘comprehensive operation’ to wash out all foreign and local militants trouncing in the North Waziristan Agency and the neighboring regions.

IDEAS 2016 begins at Karachi Expo Centre

The ninth four-day International Defence Exhibition and Seminar-2016 will begin at Expo Centre in Karachi today (Tuesday). The even will be inaugurated by Prime Minister Nawaz Sharif.

China–Pakistan Economic Corridor Essay

CPEC and North-South economic corridor) is an economic corridor comprising a collection of projects currently under construction at a cost of $51 billion. CPEC aims to facilitate trade along an overland route that connects Kashgar and Gwadar, through the construction of a network of highways, railways, and pipelines. The corridor is intended to rapidly expand and upgrade Pakistani infrastructure, as well as deepen and broaden economic links between Pakistan and the People's Republic of China.[4] It is considered to be an extension of China's ambitious One Belt, One Road initiative,[5] and the importance of CPEC to China is reflected by its inclusion as part of China's 13th five-year development plan.

Define credit instrument and cheque and also define kinds of cheque ?

Define credit instrument and cheque and also define kinds of cheque ? Ans: "Cheque is an instrument in writing containing an unconditional order, addressed to a banker, sign by the person who has deposited money with the banker, requiring him to pay on demand a certain sum of money only to or to the order of certain person or to the bearer of instrument. Different Kinds / Types of Cheques ↓ 1. Bearer Cheque

Income Statement and Balance Sheet

Income statement: Sales or revenue Less:Sales return  Cost of sales includes: Opening stock Add:purchase Less:purchase return Add:manufacturing expense Add:carraige inward Then less the CLOSING STOCK THEN u have COST OF SALES ND DEDUCT COST OF SALES FROM SALES U WILL GET GROSS PROFIT then add OTHER INCOME nd less OPERATING EXPENSES u will get NET PROFIT.. THIS IS ALL ABOUT STATEMENT OF COMPREHENSIVE INCOME. BLNC SHEET : CAPITAL, NON CURRENT LIABALTIES, CURRENT LIABALITIES AND ON OTHER SIDE NON CURRENT ASSETS ND CURRENT ASSETS..