Answer Posted / suresh.s

bank a/c dr
tds a/c dr

commission receivable a/c cr

IS THERE ANY DIFFERENCE BETWEEN PAID UP CAPITAL AND PAID IN CAPITAL?

2206

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Tell me why did you select accounting as your profession?

1020

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Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????

1691

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what is revenue recognition rule, and can you specify the answer.

1778

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What is a trial balance in accounting?

1133

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Tell us depreciation and its types?

1200

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Volga is a large manufacturing company in the private sector. In 2007 the company had a gross sale of Rs.980.2 crore. The other financial data for the company are given below: Items Rs. In crore Net worth 152.31 Borrowing 165.47 EBIT 43.17 Interest 34.39 Fixed cost (excluding interest) 118.23 Calculate: a. Debt equity ratio b. Operating leverage c. Financial leverage d. Combined leverage. Interpret your results and comment on the Volga’s debt policy

2910

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Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?

6576

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In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.

2474

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If i pay for general expense (and party provide me gst details) through credit card then how i can enter party details

1454

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how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..

4315

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What are the fictitious assets?

1152

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Which kind of transactions are not recorded in the books of account?

1879

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Can you differentiate accounting and auditing?

1128

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how to calculate the per unit cost of production

1782

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