what is the tally
accounting.

Answer Posted / vikas kumar

Tally accounting means when account maintain in tally software.

Is This Answer Correct ?    7 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the purposes of maintaining control ledgers?

657


Scheme is given by a company to his distributors on sale of goods, what is the treatment of this scheme distributors hand Direct income or indirect income

1374


DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in haryana. The company's sales in the year ending on 31st march 2007 were Rs.1000 million(Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of the company is 14 percent.The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30 million per annum. The plant can be sold for Rs.200 million: (a) The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annum installment of interest and repayment of principal. (b) A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: (1) Should the company expand its capacity? show the computation of NPV. (2) What is the annual installment of bank loan? (3) calculate the quarterly installment of the financial institution loan. (4) should the company borrow from the bank of from the financial institution?

2562


what is current rate of excies duty for a manufacturing company?

1606


for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

2693






what is the entry for toll gate fee

7469


what are the direct expense of loan department in banks.

1021


Explain me your current/former role, your responsibilities, and how success is/was measured?

578


What is meant by calendar maintenance?

689


what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

1531


What are time sheets?

630


What are the fictitious assets?

656


Tell me what is the master account?

611


Why are accounting standards necessary?

651


Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?

1622