I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

1312

respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...

1570

Can you differentiate public and private accounting?

703

i am the student of icwai (intermidiate) What is the tds and how use the different state ..

1626

Define Salry for the following purpose 1.To calculate HRA

1741

Short Answer on __________written Down value

1509

what is Sums on Finalization of Accounts?

1629

PLZZZZZZZZZZZZ HELP ME FOR THE PREPARATION OF TEST JR.EXECUTIVE (ADMIN)IN ATM IAM APPEARED 1ST TIME IN THIS TEST MY TEST CENTER IS RAWALPINDI MY CONTACT NO IS 03338907330

4561

What will be entry pass in tally if TDS paid by Credit Card.?

1587

What is the meaning of Debt reconciliation and how to do debt reconciliation?

1868

X, PURCHASE HOUSE PROPERTY IN 2005, RS 400000,AND SALE IT IN2010, RS 1800000,IF X HANDICAP, AND IN 2008 MADE SENIOR CITIZON, HOW CALCULATE IT?

1621

Short Answer on ___________Appreciation

1492

If its is declared by auditor that business is not going concern that what journal entry will be pass?

1469

what are the direct expense of loan department in banks.

1022

difference between vat 47 & vat 49

2703