Answer Posted / shivani shirish veerkar

capital asset means tangible asset which cannot be easily
converted into cash & held for a long time where as fixed
asset means tangible asset which can be converted into cash
foe a long time.

If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?

2402

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export sales contract and domestic sales contract? india's trade in commercial services?

4585

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How you can adjust entries into account?

1129

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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

1491

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What is the difference between perpetual & periodic inventory system?

992

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What entry to be passed for Duty draw back as receivable

1860

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Can salary paid to promoters before incorporation be taken as a part of pre-incorporation expense? If yes how is the TDS part to be dealt with?

2576

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BRIEF IN DETAIL REGARDING RATIOS

1864

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What is the important of computerized accounting to manual?

1084

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Explain me what makes a successful account manager?

999

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Dear sir , 1-what is diffrence local tax & vat 2 -what is sales tax. tds. service tax challan & return due date(monthly & quartly, annually) 3- what is deprecation rate in company act 4-what is income tax latest limit-

1825

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why i want to join Hawkins company

2185

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For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?

1727

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Explain me how much mathematics knowledge is necessary or required in accounting?

976

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what are the limitations of accounting ratios?

996

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