what is differred tax liability? explain in detail with
some example.
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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
What type of report and accounts should a company prepare?
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What is General Accounting
22 Answers Accounting, Genpact, TATA,
what is Balanceshet?
what are the seven accounting rules
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
how depreciation can be post in tally? for ex : dep on land & buildings (in which vocher we can post it)
Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
Took a loan of Rs.2000 from Sachin for the marriage. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
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Manju started business with Rs.10000?state whether the following transcation is business transcation or non business transcation?with reson?