What is the differance between vat and tds d-vat and can we
take benefit from it.
for example
if we sells to some one the entry is
Dr. ram A/c 10000
Cr. Sales@4% 9600
Cr. Output vat@4% 400
now we received the cheque agst. sell
the entry is
Dr, Bank A/c 9573
Dr. Tds d-vat Receivable A/c 200
Dr. Tds Income Tax A/c 227
Cr. Ram A/c 10000
now If We recd. the Tds D-vat Certificate from our Debtor
(Ram)
What is the entry.....??????
and how can we get the benefit of it...???
Hi all i did my M.B.A financ enw iam doing a job as a
finance executive but i feel it is not good 4 me can any 1
plz guide me 4 the better career my job profile is
(INVOICING)hw it is help me out 4 the better career shell i
continu ein the same 1 by learning sap or oracle or shall i
shift to any other if any other which job is suites to me
plz suggest me
what is the mean of payment of contract,subcontract and
professional charges
54
Benjamin O'Henry has owned and operated O'Henry's Data
Services since its beginning ten years ago. From all
appearances, the business has prospered. In the past few
years, you have become friends with O'Henry and his wife.
Recently, O'Henry mentioned that he has lost his zest for
the business and would consider selling it for the right
price. You are interested in buying this business, and you
obtain its most recent monthly unadjusted trial balance
which follows:
O'Henry's Data Services Unadjusted Trial Balance November
30, 20XX
Cash……………………………… $9,700
Accounts receivable……………………… 7,900
Prepaid expenses………… 2,600
Furniture, fixtures, & equipment 151,300
Accumulated depreciation $15,600
Accounts payable………… 3,800
Salary payable………………
Unearned service revenue 6,700
Benjamin O'Henry, capital 137,400
Benjamin O'Henry, withdrawals 2,000
Service revenue………… 14,300
Rent expense……………
Salary expense………… 3,400
Utilities expense……… 900
Depreciation expense
Supplies expense……
Total…………………………………………. $177,800 $177,800
Revenues and expenses vary little from month to month, and
November is a typical month. Your investigation reveals
that the unadjusted trial balance does not include the
effects of monthly revenues of $2,100 and monthly expenses
totaling $2,750. If you were to buy O'Henry's Data
Services, you would hire a manager who would require a
monthly salary of $3,000.
The most you would pay for the business is 20 times the
monthly net income you could expect to earn from it.
Compute this possible price. The least O'Henry will take
for the business is his ending capital. Compute this
amount. Under these conditions, how much should you offer
O'Henry? Give your reason. I have the mathimatical part
ok , please give reasons on how much and why I they would
offer him the amount.
85
Wat is the security analysys?what is portfolio management?
wat is the difference between security analysys@portfolio
management?
30
Questions asked for the post of Manager (Finance) in a
Public Sector company
Subject of group discussions for the post of Manager
(Finance) in a Public Sector company
35
A company charity (gross income <?250k) wishes to take
advantage of the audit exemption regime. However, there is
an audit provision in the company's Articles. Should they
be required to change the Articles?
114
Explain why retained earnings have an opportunity cost
associated?
43
Can anyone give comparative data of NPA(non performing
assets) of nationalised banks or BANKS IN INDIA for the
last 5-10 years if possible with bifurcation substandard
doubtful loss asset
15
what is the different between going concern and accruals
concept
28
what type of account appear on a post closing trial balance?
a) income statement accounts
b) balance sheet accounts
c) cash flow accounts
d) temporary owner's equity accounts
23
what is the definition of derivative,
what is a security?
we want all sbi previous questions papers in our e.mail
krishna2043 on yahoo
27
What are the legal entities that constitute your business?
Does a legal entity have a seperate Federal Tax Id?
In which country does a legal entity operate?
In which currency does a legal entity operate?
When does each legal entity's fiscal year begin?
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