Answer / Ankur Kumar Tomer

Financial Accounting is a branch of accounting that prepares and reports financial information about an organization's financial activities to external users, such as investors, creditors, and tax authorities. It follows Generally Accepted Accounting Principles (GAAP) and is focused on historical data.

if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary

1 Answers  

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what is lease accounting?? please explain me....

1 Answers  

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1. how to pass TDS entry in tally 2. how to pass service tax entry in tally 3. how to pass depreciation entry in tally 4. what is percentage in TDS and service tax

1 Answers  

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difference between provisions and reserves

6 Answers   Capital IQ,

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Journal entry for interest received

5 Answers   Atkins, CP,

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Purchases entry?

8 Answers   ACS,

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what is nature of bills receivabe AC 

1 Answers  

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while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

1 Answers  

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why don't we take cash and bank accounts into realisation a/c

4 Answers  

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I have passed in SBI clerical exam 2009 , pls tell me what question will be asked for interview .pls mail it on my email id sawant.supriya51@gmail.com

1 Answers  

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what is rate of service tax for construction co?

1 Answers  

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exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you

2 Answers   Chartered Accountant,

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