What is the meaning of RTGS & its working ?2 2911
What are the contingent liabilities ?1 1692
How the cash account represents the increase cash in debit side1 1500
What action could be taken by you and your manager to improve your performance in your current position?8142
What elements of your job interest you the most, and least?1 68337
In tally, i want indirect expenses to be an outstanding expense for me in such a way that if i include it in the sales voucher, it should not add to the price of the product but rather only indirect expenses should be credited. How is it possible?5 4006
I Have Deducted the tds against advance payment and how to adjust in the bill3 9736
I have deducted the tds against advace payment on 150000 ie 3000 paid to govt, in jan month in april month i rec 300000 bill so how to adjust the previous advance tds in this bill2 2701
How can done the Accounting of WTC ? OR WTC treat (Take) like Service tax credit?735
I have an interview in a software company for the post of Functional test engineer. They want the person from bcom Back ground( i am a bcome graduate 2006) and the person Should have good accounts knowledge. Now i want to know What kinds of questions they can ask or can give in written Test. I m nervous coz its been 5 years i have done bcom. So How shud i prepare for interview.Please help?467
what is the differance between bank od and bank occ?1 2250
i am working as an accountant. i forgot to deduct the TDS of one employee in year 2010-11 of Rs.1141/-. Now what is the procedure or solution for it?6 5154
i have working in contruction company i want billing outside delhi pls. tell me can i bill with tax invoice party provide tin no.
What is a contra entry
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
Under the provisions of the BST Act, no registered dealer is allowed to collect any amount by way of tax in excess of the amount of tax payable by him. Excess tax collected is to be forfeited to Government. However i want to know whether tax payable amount is the amount before the set off claimed or the tax payable amount after availing the set off.
pass journal entry for Prepaid insurance
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.
Who to create a budget on software company
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( firstname.lastname@example.org) plese plese
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?
sir what is the depreciation and how to calculate depreciation as per company books, i need as per IT ACT, AND Companies Act give me clarification with example
what are responsibilities of an accountant in a company?
How to calculate the TDS
What is the use of 2a, 2b & 2c form in CST ?