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Categories >> Accounting >> Accounting General


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what is the examples of direct income
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
# 1
Direct income is the income which is earned directly to do
his business or services provided.
E.g:- Salaries, Professional fees etc.
Is This Answer Correct ?    47 Yes 17 No
Ashish Negi
# 2
For example of Direct income

Interest rec. from bank
Is This Answer Correct ?    6 Yes 11 No
Rabindra Nayak
# 3
direct income
duty and draw back and freight and forwarding
Is This Answer Correct ?    10 Yes 18 No

Other Accounting General Interview Questions
  Question Asked @ Answers
A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books. CTPL 5
Distinguish between capital expenditure & revenue expenditure   2
i am working in bajaj authorised dealer company my question is when we sale of two wheeler vehicale with finance what is the sale of entry can you say briefly(how to pass the sale entry in our books)   1
what is the unique thing about employees that employers expect to see at an interviews.   1
What are the strong accounting standards?   1
even if trial balance matches there is an error of wat???   1
Given the following entries from a TRIAL balance, what entries would fall where in a Balance Sheet & an Income Statement? Accounts receivables Merchandized inventory stores supplies office supplies prepaid insurance accumulated Dep accounts payable sales salaries advertising expense Miscellaneous expense Office salaries expense rent expense Depreciation expense Insurance expense Bad debts expense Allowance for doubtful debts Supplies expense   1
What are the method of accounting? Capital-IQ 7
Explain deduction from house property income U/s (24)?   1
Your grandfather is 75 years old. He has total saving of Rs. 80000. He expects that he live for another 10 years and will like to spend his saving by them. He placed his saving into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occuring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?   2
if current liabity items shown in asset side of balance sheet then whats position of that company   1
can u tell me what is the process of calculating closing stock?   3
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