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Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?
Distinguish between sale and consignment
Why do you want to work for us?
fd redeem interest and principal entry in tally
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
In financial management why we calculate the cost of debt, (cost of capital) while rate of interest is given.
Expand---------NMOP
Expand ________FIPB
what is Ratio Analysis ?
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
When is a dedit note raised When is an expense booked
What is the Memorandum voucher?
what are the financial ratios that a manager see in accounting?
What is the analytical way of accounting?
Explain Cash Basis of accounting
