Answer Posted / rakesh verma

I agree with the answer of Ravi Harjai, but I think second
entry should be as :

Insurance co. a/c Dr. 75000 (for example)
To Loss bu fire a/c 75000

balance amount would be automatically shown as not accepted
amount by insurance company.

Is it mendatory to provide deferred tax asset, where the management not expecting taxable profit in the subsequent financial years.

2121

---

when receieve cheque from a party and we deposite cheque in bank how do this entry

5139

---

How many types of business transactions are there in accounting?

1074

---

describe the rule of garner vs murray and how it relates to the dissolution of a partnership

5347

---

i am normally accountant. i am not a CA. then i learn a account maintain

1812

---

describe any accounting process that you have developed or revised

1027

---

what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam

1849

---

what is the last date of deposit TDS on liability for the assessment year 2010-11

2028

---

service tax calculated on agreement value or market value whichver is higher for builders?

2289

---

simply define shares and debentures

1660

---

What are the 4 phases accounting?

1012

---

the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled

1767

---

Are there any questions you would like to ask?

1168

---

hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj

1646

---

Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan

2625

---