shyam


{ City } hyderabad
< Country > india
* Profession * accountant
User No # 110776
Total Questions Posted # 1
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Questions / { shyam }
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How do we calculate the cost of investment?

 Accounting General 1293



Answers / { shyam }

Question { IBM, 42746 }

what is subsidiary book?


Answer

Subsidary book is a preliminary book which is kept in the business to record all the business transactions in chronological order.


Subsidiary books are derived from journal.....

Is This Answer Correct ?    1 Yes 0 No

Question { 2063 }

what are different inventory and stock.


Answer

The combination of raw material,work in progress, and finished goods is called Inventory.



Stock means the finished goods,which are ready for sale.

Is This Answer Correct ?    0 Yes 0 No


Question { Infosys, 4279 }

What is the journal entry of.Tds. ?


Answer

*PAID REMUNERATION TO ANUSHKA FOR ACTING IN OUR MOVIE ------- RS-4000000 (suppose TDS WILL APPLY 30% ) what is the journal entry for this transaction?

ANS:-
REMUNERATION CHARGES A/C DR 4000000
TO. CASH A/C 2800000
TO TDS DEDUCTION PAYABLE A/C 1200000

(-----_--------------------)


TDS DEDUCTION PAYABLE A/C DR 1200000
TO CASH A/C. 1200000

Is This Answer Correct ?    9 Yes 1 No