Answer / mudunuri

Purchase is meant for sale or Consumption in the manufacturing process or consumption in the execution of contracting works. Hence purchase of asset should not be treated as purchase

Explain me the basic accounting equation?

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My question is that can i taken input credit of service tax of telephone bill & courier bill & labour contractore bills in exemption Area.

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BRIEF IN DETAIL REGARDING RATIOS

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What are the three major parts of accounting

1 Answers   ACS,

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How to Calculate Salary..? What is % will be taken for Basic Salary,DA,ALLowance,ESIC,PF,PT...Plse Clarify both side Employer & Employee..

4 Answers   Logistics,

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Please let me know Under head of Sales Advance?

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what is MICR CODE AND BSR CODE HOW IT WAS DIFFERENT?

3 Answers   Bank Of America,

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The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.

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what is the bill of exchange

3 Answers  

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wages and labour entry

1 Answers  

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hi What is entry when goods/material reced on 31st March but,invoice yet not received.

3 Answers  

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how to calculate forefeiture of share when over subcription

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