Answer Posted / mohandas

Preparation of the statement of account comprising Balance sheet, Profit and Loss Accounts and Notes forming part of the Accounts is the finalisation of accounts after making adequate provision for expenses depreciation etc. After that:-
1) Transfer all revenue accounts to Profit and Loss Account
2) Tally the Profit and Loss Account With Profit and Loss account attached with the Balance Sheet.
3) Balance of all Assets and Liabilites are carried forward to the next year which must match with the Balance sheet figures.

Calculate debtors at the end of the year? debtors-50000, bad debts-2000, discount allowed-1000, 5% on bad debt, 2% discount allowed?

1689

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If forth alphabet is f then what is TDS percentage ?

331

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what is D-1, D-2, Vat-C4,

2117

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what is rate of different service tax in haryana

1322

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What is excise & service tax? What is the difference?

612

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What are the basic and additional conditions for resident and ordinarily resident (ror)?

800

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What is means by Central Excise ? How to calculate Central Excise ? Central Excise form No. is ?

1772

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Tell about dvat and dvat rate

2730

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Can you please provide me the present VAT precentages in Andhra pradesh and other states CST persentages with good's wise.

1546

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what is the percentage of vat like 4 % , 12.5 % etc ? how can do closing stock valuation ?

1714

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How to calculate long term capital gain

1683

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hi,when i am posting an entry on service tax it is not showing the business area.please guide me how to configure the business area so that the entry also shows the business area.please help as i need to configure it.

1675

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Define previous year.

665

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I had filed e-filling IT Return for A.Y.2011-12 before 1yr but yet I have not get Refund & not seen refund status at on income tax site now I filed e-return for A.Y. 2012-13 now what i do for refund A.Y. 2011-12?

1620

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How can a taxpayer get a refund for an overpayment of taxes?

704

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