Explain me what is general ledger account?
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suppose total salaries paid is 10000, 1000 is outstanding. how & which amount will shown in receipts & payment, income & expenditure and balance sheet accounts
What's the VAT percentage?
hi friends how many types of vouchers there i know cash voucher, debit voucher, credit voucher, journal vourcher, purchase voucher, sales vouchers, if any other voucher is there pls tell me friends
Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same
A company purchase goods Rs.2000/- & input vat received rs.100/- but at the time he sold goods 1000/- as a sales & 1000/- as a sock transfer. plz tell me how much take input claim in this case.
Accounting transactions are recorded in accordance with thier legal form or substance. Briefly explain the legal form and substance of the accounting transactions and give one relevant example.
Tell me what does the investment of personal assets by the owner will do?
What is the depreciation rates for all the assets?like plant & Machinery,computers,software,land & buildings
In tally when accounts with inventory ,when working in units of measurement under this after creating unit ,if we want to change the unit due to some mistake why does the cursor does not stop in the decimal field? And why the used units do not get deleted in the alter section?
why the provision is created in profit and lose account
how to calculate professional tax, what is the percentage and also turn over tax.
Journalise- opened a saving a/c with S.B.I. ?