Answer / dhananjay

Balance sheet is a True and fare financial position of
bisiness as per company Act.

Audit evidence obtained directly by the auditor will not be reliable if: A) the auditor lacks the qualifications to evaluate the evidence. B) it is provided by the client's attorney. C) the client denies its veracity. D) it is impossible for the auditor to obtain additional corroboratory evidence.

2 Answers  

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State which of the following are Cash transactions, and which are credit transactions: Questions Answers 1. Anil commenced business with Rs.10,000 2. Bought goods for cash Rs. 2000 3. Bought goods from Balaji on account Rs. 4000 4. Paid Balaji on account Rs. 500 5. Commission received Rs. 50 6. Commission due to Raj Rs. 100 7. Took Loan from Bank Rs. 20,000 8. Interest on loan due to the bank Rs. 200 9. Paid salaries Rs. 200 10. Sold goods for Rs. 1000 11. Sold goods to Eshwar on account Rs. 2000 12. Received from Eshwar on account Rs. 100

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what is meant by vouching?

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WHAT ARE THE DOCMENTS TO BE READY FOR THE F/YEAR END AUDIT

5 Answers  

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which of the following procedure would auditor lease likely perform in planning a financial statement audit?

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what is the time of pf return, and how can calcualte the pf inertest.

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How i do ledger scrutiny(give the examples of rent share capital etc.)

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How to apply for articleship in big 4

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Whether interstate purchase of High speed diesel by mines at concessional rate is allowable ?

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we want to know that the rate of TDS on contractor , rent, Professional and also know that what is the minimum amount for TDS on Contractor , Professional

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What is an audit process?

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Is tds deductible on discount given to customers who book the flats? Eg: If Im a construction company.

2 Answers   Dinesh, Sidharth Construction and Trading,

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