if we are purchase on vat tax and sales tax can do tds?
- 4 Answers
- 5754 Views
- I also Faced
- E-Mail Answers
Answer Posted / rohit bist
no
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?
DIFFERNCE BETWEEN RESERVE AND FUND?
Hi wht r da questions which are mostly asked in an Accounts related job for freshers?
When you prepare Profit and loss A/C either you will get profit or loss but not both.Then why we are saying it as profit AND loss A/C,why cannot we say it is as Profit OR loss account?
Mention the types of ledgers?
What are trade bills?
what is a state cheque? how it differes from stale cheque?
All Interview related Questions pertaining to General Ledger,Finance & Accounts.
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
What is the dual aspect concept?
How to group the companies in tally?
Alex’s Trial Balance at 31 December 2015 Dr (BWP) Cr (BWP) Capital 18 240 Bank overdraft 3 000 Fixtures and fittings 14 100 Provision for depreciation-fixtures and fittings 8 800 Inventory 14 200 Trade receivables 12 300 Trade payables 9 900 Revenue 110 000 Purchases 51 000 Discount received 1 800 Wages and salaries 26 000 Sundry expenses 34 000 Discount allowed 620 217 540 ======= 86 420 ======== Required: i Prepare the corrected trial balance at 31 December 2015. (7 marks) ii Show any difference you find as a balance on an appropriate account.
Tell us do you have any professional experience of this field?
What is the difference between provision and reverse?
