salary and rent entry with tds deduct


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hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

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"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...

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if current ratio=2.5 : 1 liquid ratio= 1:1 closing stock=rs 45000 calculate current assets current liabilities liquid assets

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how we do calculate of closing stock for company. what is the process of calculation of closing stock.

2 Answers   NSL,


is goods in transit will be liable for entry tax ?

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TDS mening

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If a company monthly sales is 7,567075.03, variable cost 5,114,902.05 and fixed cost 1855268.11. What will be the Break even point ?

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how many types of errors?

1 Answers   IBM,


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,


how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you

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What are the disadvantages of manual accounting?

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What is the important of computerized accounting to manual?

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