i had received an arrear 0f Rs.700000/- lacs for the period
1.1.2007 to 31.3.2010 and Rs.78000 for the period 1.4.2010
to 31.7.10 during aug'2010. my normal salary for 2010-11 is
400000/-. on what amount will my rent free house perquisite
be calculated? i have also claimed rebate u/s 89 by
distributing my arrear salary in previous years.
6, state with reasons wheather the following items are
capital expenditure or revenue expenditure
i, A factory building was constructed at a cost rs 1500000
a sum of rs 64000 were incurred for the construction of huts
for storing building materials
ii, rs 5000 paid for removal of stock to a new site
iii, expenses incurred in connection with obtaining a
license to start the business were rs 15000
state wheather the following statements are true or false
i, the issue of shares ata discount must be authorized by a
special resolution of company.
ii, operating or finance lease comes under provision of as-
iii, at the end of the accounting period the balance
of "goods sent to branch account" is transfered to trading
iv, for life business premium is to be recognized on
v, a banking cannot grant any loans on securities of its
what is capital account? how to manage it? what is the process?
How can i prepare MIS report for Finance?
Aptitude Test Questions
IF ANY PROPRITER SAID THAT DON'T DEDUCT TDS OF HIM BECAUSE
IT IS NOT PARTNERSHIP FIRM THEN WHAT SHOULD COMPANY DOES?
Why a company or firm should carry out the audit related work.
what is the difference between Assets Allocation & Security
Can we take rebate on Exports done before 6 years ? If no,
why ? What can be done ?
What elements of your job do you find most difficult
Why it is necessary to use SAP in an industry? & What is the
difference from other advance accounts software like Tally
What is the importance of using GAAP for best management
decission or why GAAP using by Top Management?
why should i hire you?
what are your outside interest?
what was your toughest decision you ever have to make?
HOW I CAN PREPARE A BALANCE SHEET OF A COMPANY ?
what is the document spliting?
Hi friends can you send me the Accounting Interview
questions with a interview experienced questions please
why and how does bills receivable increases assets??
In Pricing the gallons of petrol sold,service station 'A'
follows the first-in-first-out method,while service
station'B'follows last-in-first-out method.On 1st January
both has the same quantity in stock viz.6,000 gallons at
Rs.26 per gallon.During the month,each station recieved
additional supplies of 6,000 gallons at Rs.27.50 per
gallon.Sales for each of these two stations,during the
month,were 8,800 gallons at Rs.29 per gallon.
Determine for each service station,profit earned during
the month and value of the petrol in stock at close of the