Answer Posted / sreeram
not only affecting to the profit, this we cannot claim as
an expens as per th Act.
Is This Answer Correct ? | 8 Yes | 1 No |
Post New Answer View All Answers
Do you know how many types of business transactions are there in accounting?
Key difference between indian accounting standards and international accounting standards is.
What is a comprehensive income?
if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.
Please answer me for the followings 1. i taken an office on January @ rent 28000.00 for one year and i paid 14000.00 as first payment balance will be paid on august. in tally how we post this and under which account especially balance 14000.0 under which account. 2.i have taken a loan from mr. A the amount is 100000.00 on January and the interest i need to pay on march 21000.00 the interest which iam going to pay is liability not a expense and it will be a expense in future, how we can post this also in tally and under which account. please somebody guide me who knows regards niyas es
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
By saying, perpetual or periodic inventory system; what do we mean?
How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
Explain purchase day book.
Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?
How do I record a prior year property tax refund on sale of asset due to overvaluation
I'am accountant working in a trading concern. I wish to become an accountant in a manufacturing/construction company.are there any books available in the market from which I can get an Idea as to how accounts are prepared and maintained for a manufacturing/construction company.
What is the general entry for charge on bank overdraft
Tell me the meaning of long-term notes payable is or long term liabilities?