What is purchase returns accounting


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Why Accountants have to or must prepare INCOME STATMENT in two stages Gross Profit And Net Profit

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Need to know the treatement of Pre-Operative Expenses and preliminary expenses. How would you differentiate these two?

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what is vendor setup?why it is required in accounts payable process?

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what will be the entry of income tax paid in partnership firm.

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how to pass entries for suspense account?

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RPC Ltd. follows the written down value method of depreciating machinery year after year due to (a) Comparability. (b) Convenience. (c) Consistency. (d) All of the above.

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what is tds and how it is calculating

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