My company was granted a bank facility of 750,000 for
guarantee, performance bond, advance payment, retention
guarantee and 100,000 bank overdraft. These facility amount
was never added to the company account.
a. What is the entry?
b. Lien over fixed deposit for 50,000 to be brought upfront
c. Lien over gradual buildup for fixed deposit 50,000 by
transferring 10,000 monthly from customer's account to
separate call account.
d. After a month, we had an overdraft of 22,000. What will
be my entry?
e. After 3 months, we have a construction project and was
asked for advance payment of 24,000 with a 25% margin?
f. Another company asked for performance bond of 44,200
with 25% margin.
i m agent of reliance life insurance i have sold one
traditional product of premium size 10,000/- rs and
comission rate is 18% what will be net comission will be
recd by me after deducting service tax and tds ?
when we want bought a new asset (for ex. car)how we
calculate our income with the eye of income tax
WHAT IS TAXATION?
What is the maximum amount to issue Form C to a dealer for
the purchase of 40 crores in several bills in a quater?
what is the amount withdrawlfrom other cbs branch by multicity
Would you consider alternative vacancies if so which:
how to filing rt-1
Mr. A purchased a machinery costing Rs. 1,00,000 on 1st
October, 2005. Transportation
and installation charges were incurred amounting Rs. 10,000
and Rs. 4,000
respectively. Dismantling charges of the old machine in
place of which new machine
was purchased amounted Rs. 10,000. Market value of the
machine was estimated at
Rs. 1,20,000 on 31st March 2006. While finalising the annual
accounts, A values the
machinery at Rs. 1,20,000 in his books.
Which of the following concepts was violated by A?
(a) Cost concept
(b) Matching concept
(c) Realisation concept
(d) Periodicity concept.
Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING
WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY
POSITION IN FINANCE FIELD.
what is the Differed Tax Liability & How it is calculate ?
What are the Types of invoices batching? & what is 3 way
Hello... i am looking jobs in investment banking, derivates
and BRS and i apply nakuri,Timesjobs and monster. But i did
not get the job. so if websites and ID. Please help me..
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profit either loss can we call that as profit or loss account?
Difference between Journal and Journal Proper???
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Can anybody tell when sbh dispatches appointment letters for
Clerical for people completed medical and scrutiny of
documents on 15/08/09?