what is the journal entry for tax refund?
Answer Posted / jyotikanta bal
Bank A/C Dr
To Tax Refund A/C
Is This Answer Correct ? | 124 Yes | 29 No |
Post New Answer View All Answers
Purchase book is a ----------journal
What are the objectives of accounting
Distinguish capital and revenue expenditure
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
is indian bank or canara bank CBS brach?
What is miscellaneous expense and when it is used
what's accounts payable
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"
What goals do you have in your career
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,