What duty to auditors and independent examiner have to
report problems to the Commission ?
Answers were Sorted based on User's Feedback
Answer / sankar basu
Auditirs to report-
1. If the proper accounting treatment hase been done in
books.
2. Tds, if applicable, deducted and deposited within
stipulated time period or not.
Is This Answer Correct ? | 1 Yes | 0 No |
Answer / achhar dass singla
yes the duty to auditor and independent examiner have to
report problems to the commission.
Is This Answer Correct ? | 3 Yes | 4 No |
How can manage (Recover and Reduce)NPA in Banking Sector?
State with reason which account should be debited and which account should be credited in each of the following transactions: 1. Raj commenced business with cash Rs. 5000 2. Bought goods from Kiran for cash Rs. 1000 3. Sold furniture to Ravi on credit Rs. 500 4. Sold goods for cash Rs. 800 5. cash purchases Rs. 600 6. Bought Stamps Rs. 10 7. Withdrew cash from the business for personal use Rs. 1000 8. Paid salary to manager Rs. 500 9. Paid rent to landlord Rs. 200 10. Received commission from Mani Rs. 50 11. Paid for repairing machinery Rs. 30 12. Received cash form Ravi on account Rs. 400 13. Gave loan to Babu Rs. 500 14. Purchased goods from Sachin Rs. 400 15. Opened a bank account with Rs. 1000 16. Charged Mohan Rs. 50 commission for service rendered to him 17. Santosh paid the interest on loan advanced to him 18. Received loan from Manju Rs.10000 19. Office furniture stolen Rs. 500 20. Paid income tax Rs. 5000 21. Paid life insurance premium Rs. 300 22. Allowed discount to Babu Rs. 90 23. Discount received from Santosh Rs. 150 24. Amount charged by bank as bank charges Rs. 30 25. Railway fright paid on machinery purchased Rs. 100
what is suspense capital a/c? when this type of account will be opened in the books of accounts?
what is a balance sheet
11 Answers Cognizant, State Bank Of India SBI,
what is auditing?
How auditing is prepared?
what is the balance sheet
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what are the cost audit and management audit?
Does we need to make Registration Of Company(ROC) at every state? If we does nt make registration at every state,what will happen? Does we need to pay more tax without ROC at every state?
What are objectives of internal audit?
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