What is accrual concept?

5 Answers   FIC,

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My firm got Rs.1,00,000/- as consultancy charge after deducting Rs.10,000/- as TDS. Now we have to pay Rs.15,000/- as Service Tax. Net effect we will receive only Rs.75,000/-. How can i account this.

1 Answers  

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contingent goods?

6 Answers   Genpact,

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Richman Corporation has 120,000 shares of $5 par value common stock outstanding. It declared a 10% stock dividend on June 1 when the market price per share was $12. The shares were issued on June 30. Instructions: Prepare the necessary entries for the declaration and payment of the stock dividend.

0 Answers  

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What is account in accounting?

0 Answers  

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WHAT IS THE MEANING OF R.T.G.S USING IN A BANK.

21 Answers  

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"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

0 Answers  

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tell me bill payable head and entry in tally

4 Answers   Reliance, Tally Solutions,

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CAN C FORM AND F FORM BE ISSUED FOR SAME JOB WORK CONTRACT CONSIGNMENT

0 Answers  

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What is the meaning of Trial Balance.

3 Answers  

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When the closing stock will be reflected in trial balance & at what value

4 Answers  

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how loan is different from debenture?

5 Answers   State Bank Of India SBI,

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