Answer / chetan

Inward remittance is foreign receipt
Outward remittance is import payment

what is accrual concept?

7 Answers   Capital IQ, Genpact, TCS,

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What is the closing entry?

2 Answers   Genpact,

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WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.

0 Answers  

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Explain the Steps to Define Expenses Report

0 Answers   Accenture,

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Why do users of accounting information need accounting information?

0 Answers  

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What is the difference between a provisions and reserves?

0 Answers  

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What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year?

2 Answers   Cognizant,

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MY QUESTION IS OUR EMPLOYEE PAID SCHOOL FEES & TUTION FEES & BUS FEES FOR CHILD EDUCATION. IN WHAT KIND OF FEES WE TAKE DEDUCTION UNDER 80 C.

2 Answers  

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what is accrual basis of accounting?explain in detail?

5 Answers   Deloitte, Northern Trust,

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In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

0 Answers  

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Here is a question i was asked below is the scenario need to enter journal entrries for both accounting system Cash and Accrual :- 1) Landlord A/c 2) Tenant A/c 3) Bills Receivable A/c 4) Cash A/c 5) Bank A/c Situation:- 1) Bill is created. 2) Bill is sen to the tenant, journal entry =? 3) Cash is received from the tenant, journal entry=? 4) Receipt is created. 5) Receipt is sent to the tenat, journal entry=? Its urgent, please help.

2 Answers  

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What is step by step procedure to file e-tds quarterly teturn ?

0 Answers  

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