Internal invoices : It is an invoice issued between the 
parties as evidence of the `transaction', as in any 
conventional accounting system

sensex refer to the sensitive index it is a index of BSE in 
sensex 30 listed companyes.

Literaly sensex refers to sensitivity of index.It reflects 
the market capitalisation(MC) of 30 blue-chip companies 
listed in Bombay Stock Exchange 

suppose now sensex is 10000.That means it is 100 times as 
compared to it's inception(base year)

In simpler words, if a company 'X' has interest charges of 
Rs 10 per annum, it should make Rs 50 as profit before tax 
for its bonds to qualify as investment grade instruments. 
The excess of profit after paying interest provides a sense 
of comfort for investors. And this is called the 'margin of 
safety.' This acts as a protection to investors against any 
loss in the event of some future decline in net 
profits.safety of margin is also called margin of safety.

it is defferent between bep sasel and actual sases

bills payable means, when the firm made credit purchases at 
the time creditor write bill on the firm that amount , firm 
and creditor both are accept. the is called bills payable.
bills receivable means like wish here firm write the bill 
on debtor at that amount pay to this will pay in future 
this is called bills receivables.

Bills Payable:the outstanding unpaid notes or acceptances 
made and issued by an individual or firm.

Bills receivable: the unpaid promissory notes or 
acceptances held by an individual or firm.

amartisation mean writen off the volue of intangable 
assets.like good will ,patents, tradmarks ect.
the value  off intangable assets is not a realassets why 
because the assets we connot see and teuch.
in the case of fixed assets we calculates deprecition like 
wise the intangable writen down in the way of amartisation.

which shivani vaishnav given answer is 100% correct thank 
you

For Filling of Vat&Cst return,
April to June = 31st July
July to Sep = 31st Oct
Oct to Dec = 31st Jan
Jan to March = 30th April


Service Tax Return
April to Sep = 25th October
october to March = 25th April

Excise Return
For Trader
April to June = 15th July
July to Sep = 15th Oct
Oct to Dec = 15th Jan
Jan to March = 15th April


For Manufacture, every 15th day of next preceeding month.

march 31

TCS is tax collection at source,while we selling some 
products like arrack,scraps etc.. the seller has to collect 
1% tax from the buyer.TDS tax deduction at source,while 
making payment the we have to deduct certain percentage of 
tax (% depends on the nature of payment)

we are not to pay any amount to saint for calling 
pravachan . what ever we want to pay we have to pay under 
him society/ trust / welfare programme for child or old age 
etc., under this catagoeries their is no need to deduct any 
T D S ,more over  we will get exemption in some cases.

Direct Expenses are those expenses which are incurred in 
relation to manufacture of products directly Eg: Machinery 
repairs, Labour, Factory etc.

Indirect Expenses are those expenses which are incurred 
after manufacturing of goods. Eg: Administrative Exp, 
Advertisement, Selling & Distribution etc.

direct expenses:wages, factory rent, power, fuel.
indirect expenses:rent, salaries, telephonebill.

double entry bookeeping system follows the 'every debit has 
a corresponding credit" and hence, total of all debits has 
to be equal to the total of all credits.

No, TCS (Tax collected at Source ) does not mean it only
include scrap only,it is applicable on tendu leaves,
liquor,timber, toll paza, mine etc.Scrap means a product
which is product by default on every
produce material.