Answer Posted / vinay kumar
Account is a summerised statement of debit and credit.There
are two parts for every account.The left hand side of the
part is called "debit side" and the right hand side of the
part is known as "credit side".
| Is This Answer Correct ? | 9 Yes | 2 No |
Post New Answer View All Answers
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
What do you mean by gaap in accounting?
Who owns the general ledger?
what do you maen by Expected rate of return ? Is there any formula for expected rate of return? what is systematic & unsystematic risk ? how to calculate both the risk?
IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?
Can you differentiate accounting and auditing?
Do you know the term account payable?
In the case of stock transfer from one branch to another branch any reverse credit is applicable.
WHAT IS THE PORTFOLIO MANAGMENT SCHEMES ? ITS WHICH TYPES INCOME ?
in our co we are sales of good to branch in order sales+fright, branch made jv entry in own book as full amount debit and credit. now our book show sales without freight but branch shows including freight that why differences is arise due to wrong entry passes pls clarify this entry and this entry is done last year book now balance is finalize.
whether sale and purhases of cf agent are his and he is liablte to pay VAT on sale of goods and pay the tax to govt collected by him one more being receiving commission of saleproceed during the year whose stock would be it it is of c f agent or principal manufctrurer who has send the goods to sold on his behalf
how to pass journal entries for reverse tax on input tax paid
Describe the proof of cash type of bank reconciliation?
purchase from interstate as applicable f form given to supplier & selling in local state as applicable local vat guide me as per law
how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter
