Answer / Shalabh Kumar Singh

A manufacturing account is a nominal ledger account used to record the cost of goods manufactured during a specific period. A cost account, on the other hand, refers broadly to all accounts used in a company's cost accounting system, which includes both fixed and variable costs, as well as the cost of goods sold (COGS).

Please tell me under which heads following ledgers should open or create. 1. Vat on Sales 2. Vat on Purchases 3. Excise on Sales 4. Excise on Purchases 5. Service Tax Input 6. Service Tax Output It’s urgent for me.

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IF SALES BILL PREPARED BY CHARGING CST 4 WHEN THERE IS CST 4 TO BE CHARGED. BUT NOT 2010-2011 CST IS 2%. NOW WE HAVE TO PREPARED CREDIT NOTE AGAINST THAT BILLS WHICH CHARGED CST4 AT THAT TIME. THEN I HAVE TO ASK THAT HOW TO MAKE CREDIT NOTE NOW I.E 2010-2011 BY CHARGING 4% OR 2% ?

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what is accounting

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what is sox?

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