what is the cost and financial accounting?
what is double entry system ?
what is deemed sales? how to calculated
bank exam paper
how to get input credit in vat & service tax
what can increase gearing?
While we are bringing our machinery items to factory through a
vehicle from other state to Andhra pradesh, is this correct to
send our own state way bill along with the other state way
What si the differance between REVENUE and PROFIT?
What is Cenvat
i want about TDS full details with Limit,Rate and Entry in
what is the head for stock trnasfer
can any body tell me the procedure to learn accountancy with
easy tips.i.e., layman accounting policy and rules of debit
What would be journal entry for--Encashed a bank draft
belonging to X?
Ans as given in textbook is Bank account debit to Cash
account credit.......But shouldnt it be Cash account debit
to Bank account credit...Wat do u guys feel??And do explain
ur answers..Thnx in advance
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
Wages & Salaries
Sale of Fixed Assets
(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.
How to make a bill of software sale with service tax?