A is vendor of B. B owes him 50000/-. A asked B to conduct an event on his behalf and the expenses incurred by B was 25000/-. A issued a credit note in favour of B in full , stating that TDS done @10% on 25000/-. Now , B has to settle A's balance. 1.Entries in the books of B 2.How much B repaid to A for settlement and the Entry in his books.

5 Answers   CTPL,

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HOW DO PREPARE CASH FLOW

2 Answers  

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the 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 Answers  

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what is depreciation

3 Answers  

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which expenses are covered under indirect expenses

4 Answers  

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what is Goodwill? What kind of Asset for the company?

5 Answers   Accenture,

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when an amountis declared as NPA by a bank whether any interest can be debited to that account after the date it is declared as NPA ? What are the guidelines of Reserve Bank of India in this respect ?

0 Answers   Genpact,

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what are the disadvantages of back-flush accounting?

0 Answers  

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goods with drawn by proprietor for household expenses

2 Answers   Cap Gemini,

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WHY U HAVE CHOOSE ICWA WHY NOT CA

0 Answers   RRB,

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If i have to sell the existing Business of Mine, What are the calculation for this ??

2 Answers  

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why u maintain accounts in business

2 Answers  

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