Interested to Buy Any Domain ? << Click Here >> for more details...
what is the entry of tds when rent received for debtors ?
- 5 Answers
- 13237 Views
- I also Faced
- E-Mail Answers
Answer Posted / ayyappa
Bank a/c Dr xxxx
sundry Debtors a/c xxxx
Tds payable a/c xxxx
(Being rent received and tds payable )
| Is This Answer Correct ? | 0 Yes | 9 No |
Post New Answer View All Answers
i want to wearies heads under direct expenses and indirect expenses
journal entry for prepaid insurance and salary outstanding
Tell me what are the three factors that can affect your cash flow and business profitability?
can any accountant forward format of daily or monthly mis format for accounts and finance dept!!
In the Manufacturing IF QC reject the material. Then where to record rejected material amount.
Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
what is the accounting treatment in tally of free goods received with goods purchased.
What is an accounting loss?
What is partnership accounting?
I m entering much more than 500-700 sales vouchers per month. But I m getting a problem while entering sale voucher is that If I have entered a sale voucher in the middle of a date then the voucher no is being changed. So how can enter a sale voucher in the middle of a date so that i can adjust the voucher nos from changing.
what is "goodwill" reserve and surplus and reserve with example
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
sir, i want t know, i got a cheque frm sindhu (that amount i gave her as rent advance, she is returning nw) bt the cheque has cancled and bank take cheque return charges so plz give this journal entries.
What is use of statistics in accounting?
What is project implementation?
