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Answer Posted / madhu
bad debts are the debts which are not recovered by the firm
in the accounting period
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Reserve Capital and Reserve Capital
what is the use of accounting standards
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct?
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
what you mean by cross dunning
what are the content of purchase order?
what is mean by traditional accounting ?
Data flow of Accounts payable to General ledger?
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
what are the accounting ratios
deffered tax treatment in financial statements
Expand-------SNAT
let me know the difference between net cash flow and income
Expand---------MDOT
Dear Sir, My qus is my co. purchase a laptop from Abc.co. for rs-37200 on credit Emi basis from hdfc bank. i paid every month 6200rs as a installment. so i want to know how i make a entry in tally 9. and also want to know i creat laptop ledger under fixed assets or office expenses. plz tel me soon.or mail me .
