What are the Golden rules of accounts? with an example?
- 12 Answers
- 51185 Views
- DC, OPI Global, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / prashant.betgeri
1)Personal account : Debit the revicere & Credit the Giver.
2)Real Account : Debit what come in & credit the what goes
out
3)Nomial Account : Debit all expenses & losses & Credit all
income & gains.
| Is This Answer Correct ? | 2 Yes | 0 No |
And If my Income is 300000 p.a., so what tax I have to be deposit,explain with the method of tax calculation in detailed?
What is the procedure to take modvat and its form number
is there in india the rate of work contract are same in all states if now what are the statewise rate
Advance given to wife for buying a property ; tax treatment?
please tell me procedure how to calculate vat if we got vat credit?
how esic be calculated? On basic salary or earned salary? If i have gave advance salary to an employee in last month then how should i deduct the salary take an example if salary of an employee is Rs. 4750 and i deduct rs. 83 as esic contribution in current month if i've gave 83 in advance in last month then how much money exactly i give him. means esic cut on 4667 or 4750?
Dear Sir, we have purchased Poly Covers ( 360mm x 560mm)for raw material use.This Input vat claim it or not ?
If a supplier of goods is also a Contractor doing labour work, then is it necessary to collect separate bills one for material & the other for labour? or else tell me what is to be doen?
what is FBT?
In India for various goods supplied Excise duties applied by suppliers on goods? How to check this.. Is there any website in
Our business is an international call center. we are selling antivirus which is buying rs 200 & selling Rs 4500.what will be the purchase & sales.& what will be taxation processor to calculate tax
if there is no express contract between parties,but makes no. of payments to a particular party and those payments exceeds the limits prescribed(i.e 20000 or 50000 as the case may be)is tds applicable for the same?
Audit 
