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Entry of advance tax
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Answer / sudheer
Entry for Advance Tax:
Advance tax Account Dr
To Bank Account
| Is This Answer Correct ? | 70 Yes | 6 No |
Answer / shoban
ADVANCE TAX A/C DR
TO BANK A/C
BEEING PAID ADVANCE TAX
| Is This Answer Correct ? | 47 Yes | 4 No |
Answer / ch.sandeep kumar
1) Advance tax a/c.......Dr
To Advance tax payable a/c
(Being advance tax payable)
2) Advance tax payable a/c...Dr
To Bank a/c
(Being advance tax paid)
| Is This Answer Correct ? | 6 Yes | 1 No |
Answer / kishore chandra bisoi
Advance tax a/c dr.
To advance tax payble a/c.
| Is This Answer Correct ? | 2 Yes | 2 No |
Answer / riaz sain
Debtor Account 100000 DB
Sale 98040 CR
Advance Tax 1960 CR
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| Is This Answer Correct ? | 1 Yes | 4 No |
HOW PASS A TDS DUE ENTRY
have you ever been involved in an invoice dispute? How did you manage the problem?
what is equity share
Trial balance as on 31st March, 2014 Particulars Debit Pula Particulars Credit Pula Wages 14 100 Dividends received 4 300 Salaries 13 000 Bank overdraft 41 000 Opening Stock 40 000 Returns 1 000 Machinery 49 000 Creditors 14 200 Investments 30 700 Sales 258 500 Drawings 23 000 Capital 30 000 Purchases 130 000 Returns 2 000 Debtors 18 000 Advertising 13 400 Interest 4 800 Cash 11 000 349 000 ======= 349 000 ======== Additional information: 1. Closing stock is valued at P53 000. 2. Wages include P350 being advance against wages. 3. Wages include P1 000 paid for erection of machinery. 4. A purchase of stationery for P430 has been inadvertently included in the Purchases account. 5. A sale of investments with a book value of P2 600 for P2 500 has been included in the Sales Account. 6. Salaries include P150 per month paid to the proprietor’s domestic servant. 7. Machinery is to be depreciated by 10 per cent. Required: a. The revenue statement (Trading and Profit and Loss Account) for the year ended 31st March 2014 and b. Statement of financial position (Balance Sheet) as on 31st March, 2014.
what is the meaning of written-off as goodwill written-off
What is the entry for Accumulated Depreciation??
one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction.
Where is the reserve
using examples, examine the relevance of the following as final accouting adjustments; 1.reserves 2.provisions 3.disposal of assets 4.control accounts
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
i purchase one computer @Rs.30,000 i issued PDC's then when i enter all pdc's in tally at a time or any other pls. tell me
Journal entry for Salary paid 100000/- in which (1)pf (2)esi (3) professional tax included
Audit 
