Interview Questions Answers in Accounting AllOther, Taxation

aniruddha rathi

{ City } pune
< Country > india
* Profession * ca student
User No # 49354

Total Questions Posted # 0
Total Answers Posted # 2

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Question { 11443 }

Is Advertising expences treated as capital expenditure or
deffered revanue expenditure

Answer

its depend upon the nature of expenses ...

Is This Answer Correct ?

3 Yes

1 No

Question { 5196 }

Please anybody tell what is a entry for Sales Tax & Income
Tax refund received.

Answer

refund of s tax / I Tax

Bank a/c .........DR
TO sales tax refund ? IT Refund A/c
TO Int on IT Refund (if any)

Is This Answer Correct ?

5 Yes

2 No