Why in a cash book receipts are debited while the same if
received in our books recepits are credited.
Why does cash book have a rule to debit receipts and credit
For example if am paying the cash that i owe the company or
firm i debit in my books(cash) on the debit side and should
credit in the cash book but i cant do that cash book take
receipts on the debit side as per the general . please clarify
many thanx in advance
pls let me know double entry of
The 'going concern concept' is the underlying basis for:
1.stating fixed assets at their historical cost
2.disclosing the market value of securities
3.disclosing the sales and other operating information in
the income statement
4.none of the above
IF a vendors charges WCT @8.75% what is the rate of TDs to
be deducted against that? & can we take the Input of it?
How do you relate yourself with Accounts?
I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.
What is the meaning of Receipt & Payment, Income &
Expenditure, Profit & Loss A/c? Under What cercumstances
these are prepared?