Answer / aniketdlondhe

the financial account as related to all the cash basis
transactions and it should be other accounting transaction
has been not related to cash basis...

Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

0 Answers  

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ACCOUNTING CONCEPTS AND CONVENTIONS

4 Answers   Bajaj, Bajaj Capital,

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does all exp and all incomes appear in profit and loss a/c???

2 Answers   NK,

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Let me know the difference between cash flow and free cash flow

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EXPAND_________SEWAS

1 Answers  

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Short Answer on _____________Accident Insurance

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Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales of asset on 30.09.2000 Rs 25000/-

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How Can Pass Credit Limit Entry If We Take Limit Of BANK I Maintain Of Account In Tally.ERP9 Than We Create Bank Ledger of Which Under

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EXPAND___________NOC

1 Answers  

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difference between options and futurs

1 Answers   Karvy,

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Is a purchase return revenue?

3 Answers  

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