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if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary
1 3564the client has running his business in a rental building and he built new room in same place with own money. can we use the expenses of new room in profit and loss a/c
1 5035as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
2482Post New Accounting General Questions
How do you build a successful business relationship?
WHAT ABOUT YOUR SELF IN ACCOUNTING SYSTEM
What is the difference between personal account real account and nominal account?
dear i want basic a\C's oriented question. these are asking in mostly all mnc companies
Recent trends in Corporate Governence?
what are the processes of account reconcillation
WRITE ABOUT ANY 1 "WOMENS ARE BEST MANAGEMENT PERSON" "IF UR FINANCE MINISTER OF INDIA" "V R RESPONSIBLE FOR OUR ENVIRONMENT"
What a deferred asset is and give an example?
Differentiate public and private accounting?
we can transfer stock between two firms with same name but prop. is different.
Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.
how to see reoprt of miro booking in SAP FI
The 'going concern concept' is the underlying basis for: 1.stating fixed assets at their historical cost 2.disclosing the market value of securities 3.disclosing the sales and other operating information in the income statement 4.none of the above
What is fair value accounting definition?
Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?
