Answer / chalapathi rao govada

The Basic advantages of AS are as follows.
- Uniformity in the financial statements of all concerns.
- Leads to Better presentation of financial statements.
- Easy to make a comparitive sutdy of any two business
organisations.

Differed Tax:
AS per AS 22, Differ Tax is the differnce between tax
payable as per Book profit and tax payable as per tax laws.

Differ tax araises only becasue of timing difference on
Current account Transactions.Like Deprecialtion.

Differed tax may be differ tax asset or differ tax
liability.

what is accountig methods?

9 Answers   Genpact,

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Rent Paid Rs.12000/- (which is included for the whole year i.e Jan to Dec) and they have asked me to give Journal Entry for the Entry for the Month of Jan, Feb and March

34 Answers   Accenture, Genpact, Mercer,

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if anybody tell me difference between DD, PO & Cheques

6 Answers  

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Zee Ltd. uses material—A for the production of Product M. The safety stock of material A is 300 units; the supplier quotes a delivery delay of two or three weeks. If the company uses 500 to 800 units a week according to the activity levels, the re–order level of material–A will be A. 2300 units; B. 2400 units; C. 2700 units; D. 28 units.

1 Answers  

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What is the entry for forfeiture of shares?

6 Answers   Capital IQ,

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Expand--------WRI

1 Answers  

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expand F B T

4 Answers  

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Hello, I am trying to record the journal entries for taking a loan and refinancing it into two new loans. How would I show the closing loan and the opening of two new loans? Thank you for your help!

10 Answers  

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drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?

1 Answers  

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what is the diff between reversal and cancellation entries?

3 Answers   ABN AMRO,

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What is Demat Account? what is the use of it?

2 Answers  

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what in contingent liabilities

6 Answers   Genpact, KS,

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