A difference between the budget and financial position???
Financial status: is the list of shows assets and liabilities of the established … I mean the rights and obligations established … I mean what will the facility and what will it … In any day of the year.
Means any day Njie offset position of the facility staff, knowing what will the guardian and what will it and Nahth in the form of a list of the remaining de her financial position.
A medicine is the balance sheet?
Are: financial center …..
A financial center … Means the assets and liabilities established … The rights and obligations the treaty
Medical A Difference? Difference here is that the balance sheet is a financial center of the facility at the end of the fiscal year. I mean at the end of the fiscal year on the last day of 31/12/2006 for example, we know the rights and obligations established its name remains the balance sheet
AT difference between the budget and the budget???
Balance Sheet: It is like what we show is a list of assets and liabilities of the established … The rights and obligations the treaty at the end of the fiscal year and with the formation of the final accounts (h / Ouh trading / profit and loss) who Biodhawwa the business as a result of the profit or loss for the previous financial period.
What does it mean??! Means that the final accounts is what I Ptodh expenses of the year who missed the actual revenue of the year which have passed, but the actual balance sheet describes the rights and obligations established in the year-end.
A medicine is the budget???
Budget: It is an estimate of the revenues and expenses of the facility for the coming year or for several years to come.
A difference between the expenditure-revenue and capital expenditure???
A first love is spent we know:
Is an expense (I mean -> Badfha money) in order to obtain revenue.
I mean, for example Badf rent of the shop … Why?? What for I sell it and get the revenue.
Badf for example, wages and salaries for employees … Why?? What for produce and get the revenue.
Remains Badfh expense in order to obtain revenue.
Expenditure-revenue: is the money to achieve revenue in the same fiscal year.
Capital expenditure: is the money to achieve revenue in several financial periods and lead to increased production capacity of the facility.
Mean, for example: money wages and salaries Ptdf each month for staff working on the month, meaning their salaries every month Biokhaddo Bidechloa of the facility where the income is in the same month ….. Keep money wages and salaries expense Aiardi.
For instance: M Advertising … Company for example has a huge advertising campaign has benefited as well as established on the years .. I mean helped to achieve revenues in several years … De money spent remains capitalist.
Example Tignes br />
Maintenance expense … Our maintenance of machinery and equipment for the facility is due What for producing de Tignes remains expense allowance Iiardi.
Medicine Logena our maintenance of the machines What for returns not operate again, but just increase production capacity … I mean instead of what produces example, ten units Khlinaha produce 15 units provided us with mean productivity and increase its efficiency, this is not Stop Training in the first year, but?? Of course not … In successive years who dimensions. De remains expense allowance in this case the capitalist.
What is the difference between the ad hoc reserve??
First: We love to tell you that I need …
Any facility owner is he doing What for earning profits from it will benefit Bihar …. What for the owner of the facility or the company preferred not withdraw money from the company to some extent beyond the capital … We have identified in part or accountant (Account sense Accountants) is the de, but who pulls him …. Because after that consumes the literary capital of the company …. Of course, if preferred to the situation de ((I mean drawn from capital)) Haievajo that the company not accept Btaath Ptall creditors who they want to their rights …. Thus Hieln bankrupt.
Why I said to evacuate needed a special account for profits, but who is bringing money Itzhb him.
Means possible know profits: as the increase in the property rights of owners of the business.
And also know the possible losses: as a lack of property rights of the owners of origin ‘e.
Go back to our subject … The difference between ad hoc and reserve
Ad Hoc and reserve … Monday deduct the amount of profit to meet the anticipated loss.
And we know of course the principle of caution: It is who should be on the company Tahtat each anticipated loss and warns of all revenue unrealized.
The difference is that the ad hoc composition takes place in the case of check or verify the loss of profit means algebraic (imposed by the principles and accounting standards).
But the reserve is not configured, except in the case of profits only, Bacon, optional on the business (except banks and insurance companies).
Again that the ad hoc teams for Bacon Musbandpkhosarp fact or expected by a large (such as an ad hoc depreciation).
The Bacon reserve to meet the anticipated loss, but it might fall slightly (such as custom high prices of fixed assets) Bacon means to strengthen the financial position.
What is the account that does not appear in the trial balance??
. God … O peace … Question is very easy ….
First: the necessary know who Ptzar accounts in the trial balance Ptzar Why??! Because the outcome of the balance of return and a summary of previous operations are the stages by the accounting system who is br />
Compilation of financial events ———> recording financial events in the bonds of daily events ——–> Tab financial h / Professor ————> Tli_khas Amilit earlier in the trial balance
A medicine is the account or item, which does not pass all these stages …. ???
Commodity end of the period …. Because it is the result of inventory and not the result of being a daily basis, means takes place inventory and evaluation of goods and put a creditor in the time value of h / trading city and once in the balance sheet under current assets.
What are the difference between the bill of exchange and promissory note??
First: the bill of exchange and promissory note Bitlq them commercial paper … Two and a means of trade credit ….
Computer … Hey pal, you’re computer A big talk de … Alone, alone, we need to … A commercial credit de???
Credit Commercial de: A delay in payment for the goods purchased and the reduction improves as the case … Bistvid buyers by traders to provide liquidity to the time of temporary … Bistvid by traders and sellers to attract buyers and to promote their wares.
Medical A difference between the bill and promissory note?
Bill is a written order issued by the creditor to the debtor applies for the payment of a certain amount to the creditor or a third person beneficiary, as soon as access or at a specific date … I mean …..
Hussein Mohammed bought the goods on credit
Hussein remains a debtor and creditor Mohammed
Luigi says Mohamed Hussein, write me a bill of exchange against the goods
Which is any bill Mohammed Hussein ordered that he paid the amount of the bill by a certain date goes by Hussein that he agreed to pay ..
Mohammed is stayed as possible takes the money is De …. Or could there be was owed to a third person, for example Verouh Abdullah Abdullah on the name of the author the bill and go Abdullah Hussein What for crimes by his money from him.
The bill remains the guardian of the three parties
1 – Hussein debtor (the drawee) who is bringing money to any extent Hidf answer a bill of exchange
2 – Mohammed creditor (the drawer) is de first creditor to Hussein who free the bill with Hussein
3 – Abdullah Mohammed of the creditor (beneficiary) he is bringing money from Hussein Ehigd
Note::
Mohammed is it possible beneficiary means possible when money is caught on the length of the Ptath Hussein
It is possible to write the name of Abdullah, a fourth person, a creditor of Abdullah, who claims the money is disbursed from Hussein, and so on ….
Promissory note: This is a written undertaking by the debtor undertakes to pay a certain amount to the creditor on a specific date.
Hussein vows to mean the debtor (the drawee) to pay the amount to the original creditor to Mohamed Hussein (beneficiary) in a certain date.
What is the difference that the three parties to the bill of exchange, promissory note only two
Are the difference between the securities and notes payable??
Notes receivable and notes payable-called commercial paper … And the bill is The promissory note …
But the difference is that, as the drawee in the bill of exchange and promissory note is a company or facility remains de notes payable appear under current liabilities in the balance sheet or budget
But if the beneficiary of the bill of exchange and promissory note the company or facility remains de Ptzar notes receivable within the current assets in the balance sheet or budget
I mean, if Hnaqbd remainder of the paper trade notes receivable but if Hendf remaining notes payable.
Any difference between the securities and the securities???
What for be in science securities and securities are current assets
Securities like what we know is the bill of exchange or promissory note Bacon, who is the beneficiary of the company or facility
But the securities are stocks and bonds who established Ptstraeha What for take revenue from behind .
Is the city of sales or credit???
First, what are the types of accounts??
Types of accounts are: –
——————————> Real accounts: the accounts that reflect the real thing can be stripped and can be disposed of – sale, for example – Like the (fixed assets) (stocks of goods) (commercial and financial securities) (cash on hand and banks)
——————————> Personal accounts: It is about people, two people, a real person (such as Mohammed, Ali, Hussein, ….. etc) and a legal entity (such as company …., ….. interest, Foundation …., ….. so on).
——————————> Fake accounts or nominal: the reverse can not be any real inventory and can not be disposed of by sale or not purchase. Which (such as expenses and revenues) for example, h / Is it possible to rent several or inventory you can sell a little rent. , And also (such as losses and profits) you can count or inventory gains or losses can not, of course. And also (such as purchases and sales).
A Astny not for a moment … What do you purchases and sales can not be inventoried??? Is not a commodity??!
No .. Do not … H / Procurement Ouh / sales not a commodity is a valuable commodity that the proof is that we will not Khlinahm in one account, because the purchases at cost and sales price of sales can not be Iodoawa in one account and thus examine your / Procurement is a calculation of my name has only been done to know the value of the goods purchased at the purchase price or cost, standard / sales is the expense of my name has only been done to know the value of goods sold at the sale, Valhsabin not reflect the real thing
A return to our question is the account debtor from creditor
** All accounts the real city
** The personal accounts of the city if they took credit if it gave Hamada Hilal mean if one was taken from you money Hibaki eh?? … Of course, the debtor, if one gives you money Hibaki AT ???…. Of course, a creditor
** The calculations are fictitious or nominal value
For expenses, losses and purchases the entire city of
For the income and profits and sales are payable
Custom session documentary and given an example of them???
Documentary course: their name like that we know that is speaking about the movement of documents within the company. The fact that the session is because any movement within the facility following the session when money and funds within the company
What does it mean Hey pal, you …
I mean, I did not pay money What for buy goods and pay expenses and then, never sell and receive money selling What for starting the process again I pay the money and buy the goods …… And so on
All documents that show proof of all these movements are called session Documentary
It is any br />
—> When you pay when money is released to deliver a cash disbursement of Certified Financial Manager and General Manager of the company and sign a recipient money is on the receipt (or what is Saybp)
—> When you buy goods there is a purchase invoice value of such goods and permission to start a warehouse to prove receipt of the goods and put them inside the stores the company Mtnsuc signature and certification by the Director of Procurement and the Director-General
—> When you sell the goods there is a bill sales from the company for the client and also to permit an exchange of the stores prove that the goods were paid for the client and the impact that received
—> When you receive money from one of Alamla or from cash sales is released in cash and a receipt signed by the Secretary of the Treasury.
—> And so on
What is the method of valuation of stock???
This question is often contained in any Inter view of Accountants,,,, but take care to ask again on the same subject many people, including a Btaatbt …
What are the ways of pricing stores ???
And of course the difference is that the first question for Petklm method of valuation of stock and inventory is intended here means the goods end of the period … I mean to deprive Negi Bngerdha quantities of goods, of course … Medicine and what will happen now after this?? Of course, Wendy needed to value and price of these goods … Pencmih this is what is the method of valuation of stock
The prevailing method used here is a way of cost or market, whichever is less
What do you ????!!!
Mean, after they have stripped us take the last price of the goods we Achtrnaha who de-Paix and compare with the market price is at least this is what we Hnsar Beah goods in stores last period.
Medical A second question is the meaning???
The second question Petklm for pricing methods warehouses, means the goods to be afraid warehouses intervention purchase price who we Achtrnaha Paix and after cam on buy goods else but at a higher price a little and then cam on Tanien price has increased again and maybe less (what is Mvic security these days), but Btaatsrv the aspiration of the store at any price??? I do not, because the price fixed every day Bitager.
Here, there are three ways to price goods in the stores, they br />
First: the first-in first-out basis:
A de first in the whole …
Means the goods to the intervention in the stores at which we proceed to spend the same price I bought Beah who we reduce the quantity and then, get rid Nkhc on the quantity and price and so on who after
For example:
We bought 5 PCs at 2500 pounds for the device and entered the store
Then we bought 3 computers Tanin, but at 2600 pounds for the device and stored Dechltahm
The first thing Negi spend eg 4 computers from the store at 2500 pounds Hikonoa price of the first goods out
If Gina spent 2 computer Tanin filling all of the store and one at 2500 and 2600 at one prefer smoke mean price of the first goods gaya to reduce disposal Alkmbep who we have
Second: Finally, contained first-out basis:
It means the opposite of the way I used to spend from the store the goods at last entered the store goods to reduce the disposal amount and then, Nkhc who accepted the quantity and so on.
For example:
In our case the former de
Negi spend the first four PCs from the stores Hnasrv 3 PCs at 2600 pounds and then, spend one computer at a mean 2500 pounds spent the last price entered the store limit the findings of quantity and price dimensions we who before him, and so on
The first of what we spend 2 computer from a store at 2500 pounds Hnasrvhm
III: How Average Price:
Hamada Hilal means take the average price between the mean Monday who collect first Price + Price II and divide them by 2
For example:
In our case the former de
Negi spend the first four PCs from the stores Nasrvhm at 2550 pounds, which is de average price between the two we had hoped we What do you code it …
2500 +2600
————– = 2550
2
Since we spend 2 computer Tanin Nasrvhm still it at 2550
For example, Manstrae 3 PCs Tanin at 2700 pounds, then the exchange rate is £ 2625 What do you
2550 +2700
————- = 2625
2
And so on
And here we also knew the difference between inventory and warehouse:
The difference is that inventory de words for the goods stored inside the end of the period
The store is the same place where the goods Btaatkhozn who mean to enter the goods Bacon debtor and the creditor Btaatsrv him Bacon
What is the difference between (Perpetual Inventory System & Periodic Inventory System)???
This question is narrated by one of the brothers distinguished not offering it at Inter view, first they want to know the meaning of each term AT them?
Perpetual Inventory System
Means ((inventory system continued))
Periodic Inventory System
Means ((periodic inventory system))
A difference between the two systems??
1 – perpetual inventory system is that the company replaced with an account within the company’s accounts is h / warehouse, this account also involves the movement of the store as a whole.
Means when you buy products and store entry quoting
Of h / store
_______ To h / ((event supplementing LES)) and not the Treasury
When the exchange of goods and sell them and exit from the store quoting
Of h / ((event supplementing LES)) and not customers
_______ To h / store
Bnfdil all means restrict the movement of the goods Pthdt ((buffer)) on the day.
2 – The periodic inventory system is that the company operates a separate account for each event on the store.
Means when you buy products and entering the company quoting
Of h / Procurement
When selling, say
To h / sales
When you say the sales response
From H / sales returns
When you reply to say Procurement
To h / purchases returns
At the end of the year We Do inventory of stocks and Bacon is de stocks last period.
3 – the first system was important, a continuous inventory system Bistkhaddm often in industrial companies and on exchange from the store Bnasrv crude interference in the production process Vbekon constraint as follows
Of h / running
_______ To h / store (raw)
Mean Bnagafl account stored in the operating account
The periodic inventory system often Bistkhaddm in companies and businesses
