Answer Posted / shilpa
Prepaid expenses are expenses for next year but paid in
this year. entry
prepaid exp a/c .........Dr
to particular exp a/c.
balance of it transfer to current asset loan and advances
| Is This Answer Correct ? | 5 Yes | 7 No |
Post New Answer View All Answers
can we do manual tds return file or r-tds is complusry? if we can do manual tds return file, where i have to go for return file. like we go to income tax department for Income tax return file in manula tds case.
What we mean by MAT Credit Entitlement ???
how to pass service tax reverse charge entry pass in books
what is rate of different service tax in haryana
I am working at Himachal Pradesh, let me know cant i adjust entry tax in vat? if no then why or yes, please exlain.
Which is the section or rule for non submitting c forms panelty and interest
M paying salary of Rs. 22500/-, 21500/- & 17500/- to my employees, frm June 2010. I still have not deduct TDS from their salary. I have not applied for TAN No. M also paying rent of Rs. 50,000/- pm. And also have not deducted TDS on it. What should I do now?
Explain long term capital gains and how is it different from short term capital gains?
In the Balance sheet of a company you see the following details, Liabilities: Provision for tax - AY 2008-09 RS 200000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 Assets: Advance Tax- AY 2008-09 RS 150000 AY 2009-10 RS 300000 AY 2010-11 RS 200000 On 15-03-2011, the assessment order for AY2008-09 was received and the final tax liability was stated to be RS 250000. Pass the journal entry for the closing of the relevant accounts in the books for the AY 2008-09.
What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?
assessee is a developer. menthod of accounting- mercantile. he sold a flat to party , registration has been done in financial year 2012-13. but he has taken the sale next financial year on the ground that one cheque has been credited in the next financial year. can the assessee's claim can be considered for taxation purpose
While I prepare Form JJ for goods transfer I made a mistake that the value of goods is morethan the actual value(i.e. instead of Rs.92100/- I filed Rs.1354000/-)and the copy of JJ sheet is sealed in the checkpost one copy is taken in the checkpost. please anybody give me the exact solution. thanks
whether octroi service charge levied on entry tax? and is service tax levied on octroi service charge?
in gujarat. whether Vat is applicable if H form issue ?
1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.
