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What is the journal entry for reverse the late payment of loan from the bank A.
why is interest on capital an expense....??
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?
Can anybody tell me about the liability positions of 1.Sole trader 2.Partnership 3.Pvt ltd co 4.Public ltd co
What do you mean by trade cycle?
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when the creditors shows debit balance
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Dear sir i had been called for ntpc interview and gd next month..please guide me for it!
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why did u choose this firm
Actually we had Posted P.V.C bills to Indian Railway the total bills amount is Rs.10,00,000/-, and government had passed only Rs. 8,00,000/- and gov. had said that there are no more P.V.c bills are lying outstanding in their a/c, so for now are claiming Rs. 2,00,000/- as loss on sale, i m totally confused what would be the impact on the Profit and loss a/c , and in which group it will come,if I do a entry of:- dr. Central sale @12.5% a/c Rs.2,00,00/- Cr. Loss on sale a/c Rs.2,00,000/- or Will i adjust the Cst@12.5% on Pricipal Value, or will i pass on the entry on total amount i.e Rs.2,00,00/- Plz guide,me soon.