Is there any change in the section 80E for the financial
year 2009-10
81
My company's accountant use two different way to calculate
Depreciation,one as per Companies Act and another rate for
Income Tax calculation. Why we have to use two way to
calculate it? Can we just use one way to calculate?
41
In Pricing the gallons of petrol sold,service station 'A'
follows the first-in-first-out method,while service
station'B'follows last-in-first-out method.On 1st January
both has the same quantity in stock viz.6,000 gallons at
Rs.26 per gallon.During the month,each station recieved
additional supplies of 6,000 gallons at Rs.27.50 per
gallon.Sales for each of these two stations,during the
month,were 8,800 gallons at Rs.29 per gallon.
Determine for each service station,profit earned during
the month and value of the petrol in stock at close of the
month.
70
What are the various methods to depreciate an asset?
4
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12
a bill for Rs.250 accepted by pritam, a costomer was passed
through bills payble book (what will be the correct entry)