Answer Posted / rojina fpandey
VAT means Value Added Tax. In According to the Context on
Nepal, the rate to Vat is 13% , which is submited to Inland
Revenue Department
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
All shot cut key use in the tally software & it's uses
Rs. 23.50 ( Rupes twenty three & paise fifty only) what is euro Conversion?
you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.
how there prepare bank interview
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
How exchange rates are maintained in sap
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
EXPAND______________IARCS
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
types of inventory
Expand ----------GIDB
