Answer Posted / eklavyaoffinance

Wages A/c Dr.

To Outstanding Wages A/c

(Explanation : If it had been entry for "wages paid" , we
would debit "Wages A/c" and credit "Cash A/c". But since
here wages are not actually paid (by cash) "Outstanding
Wages A/c" will have to be credited instead of "Cash A/c" .
Note : here "Outstanding Wages A/c" is a Personal Account
and "Wages A/c" is a Nominal Account.

th point in when will details wil get filled in ER1 2a and 2B?capg

1769

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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.

2163

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please explain what is actually E-15 what is its process and also what its importance.

2423

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HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)

2081

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2087

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2096

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What is the date of depositing entry tax and submission of return?

2395

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I paid service tax double time due to web site problem for the year 2009-10, is there any chance to claim that amount if yes please tell me the process. thanking you.

2092

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In wct limit is Rs.5lac if vendor provide bill below 5lac wct will applicable or it aggregate I need deduction of wct 5lac slap

1773

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1. Defination of Contractor & sub contractor 2. In cash method of accounting can we claim TDS deducted on Advance Recevied from contractee.

2258

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2214

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We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.

2613

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I have doubt on Input VAT & Output VAT (incoming vat / outgoing vat) I have a HMS software, where we have interface to tally erp. When we import the transactions to Tally from HMS (Hospital Management System) All the purchases what we do for a period, the tax paid on these purchase are showing as out going vat. Similarly when we do the sales of those purchased items through HMS, tax collected from customer is showing as incoming vat. Is these are correct terms what they had mentioned in HMS? Please help me out.

5918

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How much is the VAT in UAE

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if a item sale on cash bill which is under vat sechdule c local sale tax is 5% so what is the rate of CST without C Form

1867

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