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fill in the Blanks Yours accounts must be compulsorily audited if your turnover exceeds _____________
1 3831fill in the Blanks Name the Tax levied by the commercial tax department on cinema exhibitor_______________
2 4242fill in the Blanks A gift below __________from other than relatives will be exempted from income
3 5604fill in the Blanks Recognising Revenues when cash is received is __________basis of accounting
1 4219fill in the Blanks Recognising revenues when goods sold on credit ________basis of accounting
1 3935Choose the right answer Which of the following is the Asset account 1.Accounts receivable 2.accounts Payable 3.Customer Deposit
3 7251Choose the right answer Which of the following is Nominal account 1.Sales 2.Customer 3.Dealesrship Deposit
3 8455Choose the right answer Which of the following is Liability account 1.Bills payable 2.TDS collected 3.Unearned income
3 5743Choose the right answer when we send Credit note to the supplier we have to credit 1.purchases 2.supplier 3.Other income
TATA,
2 4479Choose the right answer when cheque given to a creditor dishonour,we have to credit 1.Creditor 2.Bank 3.loss
2 4374Choose the right answer When salaries for the month of March paid in April which was already taken into last years account,we have to debit 1.Salaries account 2.salaries payable 3.Employee account
1 3891Post New Accounting AllOther Questions
Hello Everbody....this saturday i attended the interview of times job fair...were capgemini has called me for technical round ..I am bcom graduate with tally an SAP FICO....Can any body help me ... I wan to know what is this technical round...An what they may ask me ......if any body have question an answer kindly send to my id ..that is damudi123@yahoo.com....or contact me to my number ..+919900410314.Or any body have friends working in capgemini bangalore?Please i need urgent help...thnak you with regards adnan hasan
business sepsarate entity concepts
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an amount deducted from the catalog price for an item of merchandise is called?
2. You are required to prepare a Profit & Loss Account for the year ending 31st December, 2007 and the Balance Sheet on that date. The Trial Balance of XYZ Ltd. for the year ended 31st December 2007 is as follows:- Trial Balance of XYZ Ltd. as on 31st Dec. 2007 Debit Balances Rs. Credit Balances Rs. Materials used 3,50,000 Sales(including 2% Sales tax) 9,18,000 Cost of Labour 1,50,000 Sale of Scrap 100 Stock, finished and work in process on 31st December, 2006 50,000 Rent received 2,000 Wages : Factory Staff 15,000 Discounts 2,750 Directors Remuneration 50,000 Recovered against fire claim re : Stock 5,000 Salaries : Clerical Staff 75,000 Capital : Equity 25,000 Insurances : Workmen’s Compensation 1,500 Preference- 9% 8,000 General, fire etc. 2,000 Creditors 1,56,000 Directors’ Life Insurance 1,500 Provision for Taxation 1,05,000 Maintenance : Buildings 1,000 Profit & Loss Account 13,750 Plant and Machinery 12,500 Rent and Rates of premises and hire of plant 20,000 Heat, Light and Power 15,000 Experimental and Laboratory Expenses 10,000 Canteen Expenses 5,000 Staff Welfare expenses 2,500 Motor Expenses 12,500 Professional Charges 2,800 Postage and Telephone 3,500 Books, Printing and Stationery 11,000 Sundry expenses 10,000 Carriage and Packing on Sales 3,300 Discounts 5,000 Debtors 1,78,000 Freehold Property 50,000 Plant and Machinery 12,500 Fixtures and Fittings – Offices 3,500 Office machinery and Equipment 3,000 Motor Car and Van 6,500 Stock of materials on 31st Dec. 2007 1,20,000 Bank 38,000 Sales Tax Paid 15,000 12,35,600 12,35,600 Depreciation is to be provided at the following rates: Plant and Machinery 10% Fixture and Fittings 05% Office Machinery, etc. 10% Motor Vans and Cars 25% The stock of finished goods and work in progress as on 31st December, 2007 was Rs. 35,000. Provide for preference dividend and ordinary dividend at 10%. The total taxation liability is estimated at Rs.1,50,000 of which Rs. 75,000 relates to the current year. Debtors include Rs. 10,000 deposited as security against government contracts. The Works Manager is paid partly by salary and partly by a commission; he is entitled to a commission of 5% on the amount by which the surplus in the factory cost exceeds 20% of the sales for the period. Charge the commission if any in the Profit and Loss Account.
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i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
If income and expense both are equal then what it depicts
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what is ment by master in tally?
write about an e-mail to manager seeking permission for leave
What is 100% EOu? what is the benifit and what is difficulty of it?
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
