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1)how will you check the expenses?
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Answer / murugan
it can be see must in the cash book payment entreis or bank
reconcilation statments
| Is This Answer Correct ? | 1 Yes | 4 No |
What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?
what is audit
During the year a firm has received TDS of Rs.30 lakhs and out of this an amount of Rs.9 lakhs was adjusted against the taxes. However, in the balance sheet under the head assets,the firm shown Rs.30 lakhs towards TDS. Is it correct. In my openion, in the balance sheet, the assessee has to show only Rs.21 lakhs as asset in the balance sheet, after reducing the tax adjustemnt of Rs.9 lakhs. Pl. Clarify.
What is difference between individuals & company? When deducting tds for them how we can compare them?
Can we booked current years expenses in the next year ? wahtever the answer plz provide me any proof for that
Is vendor statement recon done as two way process? Statement to Ledger Ledger to stement?
4 Answers Capital IQ, Cognizant,
Expand---------BPR
If the wording of a governing document of a non-company charity requires accounts to be audited, does this mean statutory audit?
What is the Difference between Current Assets and Fixed Assets and how would you classified it
19 Answers GET Engineering Construction,
Tell us about your experience in conducting audits.
when is the closing stock shown in the trial balance?
I am managing a partnership firm which has a turnover of 50 lakhs in its first year business i.e 2008-09 and in previous financial year 2009-10 it has only 27 lakhs turn over. Please let me know when we have to file our IT return. whether it is before 31st July 2010 or 30th September 2010.
Audit 
