Your grandfather is 75 years old. He has total saving of Rs. 80000. He expects that he live for another 10 years and will like to spend his saving by them. He placed his saving into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occuring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?

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Sir, My Gross salary is 16000/- per Month and Birfication is as below Basic Salary 6400 HRA ``` 2560 Travelling con 640 Uniform Allowance 640 Bonus 1280 Professional All 640 Walfare Allowance 3840 Please inform me How much amount of TDS Regards, Ravinder

2 Answers  

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How can I pass the journal entry for work in progress for a construction company for every end of the period and what should be for next period? I would like to know the debit and credit should allocated where in an accounting system?

3 Answers  

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Ours is a technology firm. We got a contract of 1 lac. It is payable at the end of the contract. How you will recognize revenue?

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Three goals you wish to achieve in the next 5 years

1 Answers   Ambuja,

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what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?

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WHAT IS journal voucher ,CONTAR VOUCHER , CASH VOUCHER AND BANK VOUCHER (IN DETAIL)

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Hi guys, in my company, have a recruitment for junior accounts executive(2 to 4 years only).. For 10-15 positions, if any body interest pls send your resume to my mail id... Remember, any body from manufacture or construction field 1st preference...Definitely i will help u.Send ur resume to "mukeshreddy37@gmail.Com" immediately

3 Answers   bscpl,

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What is meant by forex P&L a/c.?

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is provident fund is liability or indirect expenses for employer???

5 Answers  

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What is the difference between issued capital and subscribed capital?

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How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

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