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 Categories >> Accounting >> Accounting General
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Question Asked @ Answers Views     Select
what are all the itmes comes in balance sheet    2  673
pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.    0  190
Can anyone clearly explain difference between assessment year and financial year?    2  696
What is meant by Accounting Cycle.... ft   3  783
Purchased 10 pcs Mouse @ 230 from TC Ltd and get another 2 pieces as free sample.    4  554
Received Invoice from Tvs Co. against purchase of 15 pcs of Mouse @ 750 excluding VAT 4%, Pass journal entry in the necessary books of accounts?    6  699
Where accumulated Depreciation appears - b/s or p&l. please provide journal entry while accumulating and also while using the fund for purchase of new assets.    2  662
what is the difference between accounts and finance ? ca   4  1492
what is entry for salary advance paid and received? the salary entry enter to Indusvel name    1  630
what is entry for salary advance? salary entry mentioned by Indusial name    2  733
if rs 200 has to be charged in one A/c but had been wrongly charged in another A/c.what entry will be pass to correct the entry    3  507
We are facing problem in Capital Goods when our other unit send us Capital goods we book it in Fixed assets but if we transfer the same capital goods to other unit we have to make sale bill in which this item goes to inventory, and the qty is shown as negative balance, but our unit is asking for Invoice, Please explain how we will settle this qty from assets as per excise rule.    1  313
We can Show Director Exp. in Limited Compay, abc   1  430
what does AS 18 stands for? tata   1  938
How to get C forms in online? Plz give me Processor Thanq    0  1009
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Un-Answered Questions
 
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if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted? 404
what is the procedure to appoint an Austrlian citzen as indian company director... 118
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same?? 168
A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example. 136
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books? 139
what is the basic difference between pooling of interest method and purchase method in amalgamation 381
what is profitability ratio and dividend policy ratio 145
Can a firm claim preliminary expenses incurred(manufacturing) or only its is applicable to Companies? can a firm claim ,1/5 of such expenses incurred as deduction as in case of Companies? or any other procedure. 153
As an importer of goods through letter of credit, (payment is done through indian bank to foreign back), my question is who is liable to pay with holding tax when the payment is remitted to foreign bank, whether the buyer(importer) or the seller and why? 211
2. A budgeted profit statement of a company working at 75% capacity is provided to you 2 below, Sales 9,000 units at Rs. 32 Rs. 2,88,000 Less: Direct materials Rs. 54,000 Direct wages 72,000 Production overhead: fixed 42,000 variable 18,000 1,86,000 Gross profit 1,02,000 Less: Administration, selling and distribution costs: fixed 36,000 varying with sales volume 27,000 63,000 Net profit 39,000 You are required to: (a) Calculate the breakeven point in units and in value. (b) It has been estimated that: (i) if the selling price per unit were reduced to Rs. 28, the increased demand would utilise 90% of the company's capacity without any additional advertising expenditure, and (ii) to attract sufficient demand to utilise full capacity would require a 15% reduction in the current selling price and a Rs. 5,000 special advertising campaign. You are required to present a statement showing the effect of the two alternatives compared with the original budget and to advise management which of the three possible plans ought to be adopted, i.e., the original budget plan or (i) above or (ii) above. (c) An independent market research study shows that by spending Rs. 15,000 on a special advertising campaign, the company could operate at full capacity and maintain the selling price at Rs. 32 per unit. You are required to: (i) Advise management whether this proposal should be adopted. 274
audit under section and penalty under saction scurtiny under saction 138
ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10 87
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why? 216
Sales tax waybill is required for how much value of invoice (for example we raise Rs.1000 bill is waybill required in andhra pradesh) 292
what is groups and and ledgers in tally can you give why we need to prepare them 259
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