Subsidiary ledger and the benefit of making it, explain?

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I have raised a Invoice of Rs. 78964 including service tax rs. 964 in month of April and service tax paid to Govt for April month/ We have voide this invoice in May'12 due to services cancelled by the customer, pls let me know can we adjust this paid service tax amount in our May service tax payable....and how to pass voide bill entry.....

1 Answers  

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Please describe your experience in inventory reporting & valuation including reconciliation of inventory accounts.

0 Answers   Entero,

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what is the difference between profit center area and business are.? please make me clear.

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What is the types of Accounting Method

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In india i did MA BE.d but now i am applying for student visa in australia in masters of professional accounting will i face any problem in interview call that why u change ur course how i ill support my answer

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What Does Phantom Gain Mean?

2 Answers   CompuCom, Ernst Young,

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Tell me what is the abbreviation for the accounting terms debit and credit?

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What Entery Should Made When Godown Rent Paid in Advance At The Time Of Agreement.Transation Is as Below * Rent Paid To XYZ (OWNER OF PROPERTY) For Running Month. * One Month Rent In Advance Tenent will Always pay rent amt 1st of every month. How can we do entry every month and How can party's a/c will due on ending every month. How can party a/c Show ADVANCE RENT. Please enter every entery including JV. With time when it is necessary.

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WHAT IS MEANING OF PROVISION

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Opening stock 17499565 purchses 89693855 expanditure 1735800 deprciation 223309 patner salary 300000 interst paod 937500 provisions 119265 sales 91600120.adjustment 1 gross profit is 6.72percentage on sales.2.net profit is 3.10 percent on sales

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what is accounting

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