Interested to Buy Any Domain ? << Click Here >> for more details...
suppose you are going to start new financial year then What
treatment you will do of previous year balence sheet ( like
previous year prepaid,provision etc) in current financial
year.
- 1 Answers
- 3839 Views
- DLF, I also Faced
- E-Mail Answers
Answer Posted / sridhar
The balances wil get carried forwarded to the new financial
year Books,
| Is This Answer Correct ? | 3 Yes | 2 No |
Post New Answer View All Answers
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?
who is the pramotar?
how to make a project accounting in tally erp9 ?
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times
Why we reconcile our debtors? what steps we taken during reconciliation.
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
why do you want to work here?
Expand-------MUR
1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation
Define capital
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
what is the subprime?explain it.
In what cases can Convertible bonds be considerred as derivatives?
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
Short Answer on _________________City Compensatory allowance
