Why is Interest A/c debited and Bank a/c credited when
interest is charged by the bank??
Here I assume Its an expenses so interest is debited but I
don't understand why bank is credited?? Bank is a personal
account. Please explain this doubt?
what are the types of provisions that you would make for
the end of a financial year?explain
What is Excise duty? What is Edu Cess & Sec Edu Cess? Why
and when it is applicable? What is Excise Claiming?
Goods sold by Del Credere Agent are sales of manufacturer or
Del Credere Agency?
explain the special provisions for computing profit and
gains of retail business
if cst sales and purchase is completed and we issue c form
and received c form also.but in next month both sales and
purchase are return. my question is how to pass reverse
entry when c forms issue/receive. how it cst return also.
We are a trader and doing one E-1 sales.
Supplier send the material by To-pay basis, we endorse the
LR and sold to Customer. Customer has given the purchase
order for Basic amount and freight amount also. That means
we have to pay the freight and getting the reimbursement
In E-1 sales Invoice can we show the freight amount
separtely as freight ? Since the customer need the freight
head should be shown separetly. Or can we raise the
separate debit note for this.
Is it create any tax implifications in E-1?
Please claify the same at the earliest.
WHAT IS THE BANK RECONSILATION, WHAT THE FORMAT OF IT
what is the system of accounting and banking in cooperative
in which group under we will open donation and hamali weekly
payment account or ledger
what is the performa of bank reconcilation ? i want to need
it and also i want to know about tds entry for various
sources such as rent,contractor, commission, etc. and how
we make the tds return, please tell me its very urgent?