Answer / vaseem

check will be issued
by an account holder and whereas DD can be issued by a
banker only Cheque may get rejected due to lot many
reasons....but DD will not get rejected.

Answer / rabindra mallick

(1) Cheque can drawn by account Holder, but DD can be drawn by bank on behalf of account holder.
(2) Cheque has chance to dishonour than DD.

What accounting Treatment we should do while we received Amount Rs 39200 After deducting Tds 800 From Invoice Amount 40000. Kindly also explain for deducting Tds should be booked under which Head of Tally.

4 Answers  

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What software applications have your used for accounts receivable?

0 Answers  

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sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that

2 Answers   HEG, Optimus,

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c form 1st qtr 2013-2014 issued th.on line start from which date

1 Answers  

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wht is different between defered tax liablities and defered tax assets??????

0 Answers  

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what is accural

5 Answers   Genpact,

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how to calculate ratio of closing stock?

6 Answers  

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If salary paid per month Rs 40000/ I will deduct TDS from his salary, please what I do explain.(send Urgently)

7 Answers   Aegis,

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What is portfolio manager responsibilities?

1 Answers  

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How to pass journal entry for payment of 20 % of outstanding income tax demand of AY 14- 15 of an company in the AY 18-19.

0 Answers  

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M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances

0 Answers  

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matching concept

2 Answers   Capital IQ,

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