Is all receives are income or all income are receives.and
which is the receive that is not income.
Answer Posted / rakesh verma
All the receives are not income it may be against old dues,
advances etc. and all the income are not receives also some
income like accrued interest is a income but would be
received later.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
which type of questions did HR Manager ask and what are the answers
Account for letter of credit in the books?
What are the steps involved in project implementation?
Is it possible to change the accounting period under Indian GAAP from 1/Apr-31March to 1/January-31/December? There is any restriction in doing that, i mean for example for fisal purposes? Thank you all!
What is finance lease? What are bonus Shares? entry for it. What is Depreciation? What is the Journal Entry? What is DPS? What is minority Interest? where it is shown?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
what is t code of gr/ir report?
what is the head for stock trnasfer
Tell us do you have any idea about service tax or excise?
What is cost accountancy?
all ques. related to accounts?
Mention what does the investment of personal assets by the owner will do?
AL+w button lanunches the .............. installed web brower
What is balance sheet and off balance sheet?
What are assets minus liabilities?