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what is tax?
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Answer / md hafiz uddin
Share individual portion of income for the development of
the country.
| Is This Answer Correct ? | 9 Yes | 7 No |
Answer / cm
tax is the payment received by govt. at the end of the
every year from a person and legel entity and that amont is
utilised public wel fare activities.
| Is This Answer Correct ? | 9 Yes | 8 No |
Answer / pankaj kr singh
A tax is a financial charge imposed by Government to an
individual or on organization for the earned income or
service availed during a year and failure to pay is
punishable by law.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nald saldat
Tax is the reason why the government is functioning, it is
also the resources of government for development.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / nyasha svondo
A fee charged ("levied") by a government on a product, income, or activity. If tax is levied directly on personal or corporate income, then it is a direct tax.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / jyothi aradhya
Tax is a revenue collected from public for running the government
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / ben uzo igwebuike
Tax is a compulsory levy impose by the government through
its various revenue authorities on the income and property
of the people leaving in a define society for the purpose
of defraying expences incured by the government on behalf
of the people.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / asaduzzaman jewel ( diu)
Tax is a complosary payment that impoised by the government
to the general republican public in Bangladesh.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradip
Tax is a charge converted into goverment profit are given
by worker, this charge expense to create the bridge ,
hospital road etc.According to me
| Is This Answer Correct ? | 0 Yes | 0 No |
what is net profit?
Calculate the profit/loss on sale of the following assets as on 30th september 2000 cost of the asset on 01.05.95 50000/- Salvage Value 5000/- Method of depriciation & date WDV 15% sales of asset on 30.09.2000 Rs 25000/-
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When oustanding expense is give in the TB and corresponding expense is not then how will we the same? Eg.: Outstaning salary 100 given in the TB and salary for the month is not there to add oustanding with the same. In this situation how will we treat the same. Only in profit & loss account or in balance sheet or both or?
In case of Bad Debt such amount should be credited to 1.Cash account 2.Debtors account 3.Sales account
please tell me debit credi entry , in respect of salary advance and how to deduct,advance paid to employee
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