We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

0 Answers   Vini,

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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).

0 Answers  

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Can You Please Define Book-Keeping?

1 Answers  

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What is mean by ETDS

9 Answers   ETDS, Syntel,

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what is reverse repo?

6 Answers  

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What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

0 Answers   Thomson Reuters,

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Can you explain about the distinction of Book-Keeping and Accounting

0 Answers  

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scooter fuel is under conveyance and car fuel is under car running & maintenance exp.. Is that right

2 Answers   ADS,

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current ratio? asked on 30/7/09

3 Answers   FactSet Systems,

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expand-------RDS

1 Answers  

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Is Bank Reconciliation Statement is compulsory prepared? Even when both cash & Bank Book are tally?

13 Answers   Alfa Textiles, Ascon, ETA, GE, IBM, Mphasis, OPI Global, Star,

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EXPAND_________SEAMEC

0 Answers  

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