In Ledger of Capital A/c what will be the entries for Drawings a/c?
Answers were Sorted based on User's Feedback
What are the rules for debit and credit for different accounts to increase the amount in your business accounts?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
We are operating a company which H.O. is Delhi and Branch offices at Kanpur and Hardwar. We need Income and expenses seprately in All branches. is it possible in tally.erp9. if yes please provide the procedure as early.
what is the journal entry for payment of interest for loans.?
Which accounting applications are your familiar with?
what is capital and revenue expenditure
What will be journal entry of provision for income tax in current year and Adjustment entry in next year
HOW WE MAKE A RESERVE AND AFTER ITS USE HOW WE NIL IT PLEASE MAKE A PROPER ENTRY.
who is debtor and creditor?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
0 Answers State Bank Of India SBI,
Rs. 30,000 salary due to manager, but not paid. what will be the journal entry for this transaction?
Financial Accounting
0 Answers Chartered Accountant,