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A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.
5 6842Post New CTPL Accounting General Interview Questions
- CTPL ASP.NET Interview Questions (1) CTPL Accounting General Interview Questions (1)
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The pipes can fill a cistern in 1.5 hours and 2 hours respectively. A wste pipe can empty a full cistern in 3 hours. If the cisternis empty and all three pipes are opened together, in how many min will the cistern be half full
