Answer Posted / dj
when we are talking LTC while in Tax subject it would be
Leave Travel Concession where are Long Term Capital when it
comes to Accounting.
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Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From
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Under the accrual basis of accounting incomes are recognised at the time -------------------
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Please send the clerical exam questions and answers to my mail Id firstname.lastname@example.org
Mostly what type of manufactures are coming under TDS and basic rate for each category