Please give me a suggession to calculate the T.D.S,E.S.I,P.F,
From salary which is in gross Rs. 15000/.
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what is FIC
ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.
What is journalizing?
Into which account do we close the revaluation account balance during the winding up of a company?