What is the difference between Receipt & Payment Account
and Income & Expenditure Account?
- 9 Answers
- 42055 Views
- Accounting, Barclays, ICICI, Tarasons Communications, TATA, I also Faced
- E-Mail Answers
Answer Posted / indra
receipts is we receive cash from customer against sales or
service etc. X Payment is we pay to Vendors for purchase or
service etc.
Income is Profit X Expenditure is All Expencess
| Is This Answer Correct ? | 10 Yes | 12 No |
Post New Answer View All Answers
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
someone plz plz plzz.. send me the sample papers for SBI clerical xams... i need it very badly..
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
Whether setting up of diary plants comes under CMA under Farm Sector or Non Farm Sector
Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000 Data for two divisions of Alpha Biotech Ltd. Are given below. Analyze both divisions. Parameters Division X Division Y Rs. Rs. Capital Employed 50,00,000 50,00,000 Sales 30,00,000 28,00,000 Cost of Goods Sold 21,00,000 18,00,000 Profit Before Tax 9,00,000 10,00,000 Tax 2,70,000 3,00,000 Profit After Tax 6,30,000 7,00,000
differences between liabilities and assessts
How can we calculate the total income of the company.
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
which kind of expenses or Income will come under direct expenses or Income ?
what is status report? and flow report?
what is budgetory control and what are the types
What is back value adjustment/correction in Nostro Reconciliations?
What problems might be encountered if there were no accounting standards?
what are the seven accounting rules
ACCOUNTING CONCEPTS AND CONVENTIONS
