Answer Posted / raghu.v.

salary Advance Dr 5000
Cash/Bank Cr 5000

While adjusting Salary for same Person,

X salary a/c Dr 5000
salary Advance a/c Cr 5000

Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.

1498

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what is the relationship between cost accounting financial accounting and managerial accounting?

602

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What is partnership accounting?

619

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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.

1920

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What can go wrong if you have a balance sheet with a lot of debt? What can go wrong if there is negative owner's equity? What does a good cash flow statement look like and why?

1987

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swagat staryed business on 1st jan 2005 with cash on hand Rs. 10000

1427

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

1659

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What is dd and a in oil and gas accounting?

661

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Explain in simple terms what is the difference between asset, equity, and liabilities?

612

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Tell me what is the general classification of accounts that usually ledger account involve?

618

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whether allowances will be included in calculating esi from gross salary

1520

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What are the types of liabilities accounts?

610

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How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?

2089

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A company primarily operating from own land, takes on rent building for staff quarters. Whether rent paid on such staff quarters qualifies as capital investment?

1441

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if co. (proprietorship). purchase mobile phone for employees than mobile phones under off. equipment .we have rec. purchase bill gst applicable how shows entry

981

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