what is balance of trade
Answer / gyansaxena
TOTAL IMPORT - TOTAL EXPORT = BALANCE OF TRADE
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Dividends are usually paid as a percentage of ______ (a) Authorized share capital (b) Net profit (c) Paid-up capital (d) Called-up capital
what is p2p and waht is the p2p cycle
is we can prepare any account for partnership in tally
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
If A is Employee of the co. his salary is 100000 per month. tds is 20000 Rs. Professional tax is 200. then please tell me how to enter in Journal & payment vouchers in tally
if salary paid per month rs. 28000/- i will deduct tds from his salary please what i will do explain
where outstanding debts being Rs 48000 and 20% considered to write off . pass jounal entry.
2 Answers Kalyani Forge, MCom,
what is the journal entry for accumulated depreciation?
I have a questions regarding booking transaction. what is I want to loan my company 10k transaction will be recorded as follows "CASH" 10k debit "Payable to partner" 10K as credit. So when I used company debit card for my personal use can I book this as a loan repayment? which means I will have to Debit account " Payable to Partner and credit "Cash"
Sir I am taking the Salary Rs 18000/- the shown to me in Pay Roll Basis but not deduct any PF. Plz told me tha is the company liable to deduct my PF?
Tell me which accounting application you prefer most and why?