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As a Manufacturer we are paying service Tax on Inwards freight and the same amount we are taking as a credit against payment of Excise duty. So,Pls clarify how to pass JV
1 3240ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10
ABC,
25191. ABC Pvt. Ltd acquired the right to publish a book entitled “Accountancy easy” From Writer at a royalty of Rs. 20 per copy of the book sold. The minimum rent was fixed at Rs. 30,000 per year. It was agreed, that the short workings of any year can be recouped with in 2 years immediately following the year in which short workings occurred. The no. of copies sold during the five years was as following: 1. 1st year -1000 2. 2nd year -1400 3. 3rd year -1800 4. 4th year -3000 5. 5th year -1200 Show royalties account in the books of the publisher.
1 3745How we can create ledger for goods purchased from 1) Registered 2) Unregistered 3) Tax free Goods in Tally with examples its very urgent.
1 2683Post New Accounting General Questions
What are depreciation and amortization?
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
What other careers are you considering?
Other accounting interview questions to expect when you interview for an accountancy job include:
What are the basic assumptions in accounting?
Do you know what is double-entry accounting? Explain with an example?
Sir how the enter of GST adjust of sales return
How do you prepare a balance sheet from a trial balance?
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
Entry for revenue item will be Expenses A/C Dr to Cash. But in the Profit and Loss account we will see the expenses with a pre fix of To Expenses Why?
Do you know retail banking?
DIFFERNCE BETWEEN RESERVE AND FUND?
Pls tell me the basic rules of accounts for interview in finanace or accounts section
can i material bill book in miro without vat on transport charges ?
Plz Ask from me New Accounting Questions.
