Answer Posted / aisha

WCT is like VAT it is added to the value of goods in invoice by the manufacturer and TDS is deducted by the customer at the time of making payment for goods purched.

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

1813

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How can retify the errors in the trial balance

2250

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You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

3379

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How is the expenditure of developing a modified product treated?

1864

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What will be entry pass in tally if TDS paid by Credit Card.?

2049

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What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.

2271

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I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK

2096

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genpact uk based shift timings? and R2R job profile?

2285

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to attend interview for real estate company accounts

2054

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Is interest of a business unit Operating Expense or Non Operating Expense

1872

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What Is Depreciation, and from which date do we charge Depreciation for an asset ?

2085

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what are the importance accounting entries for AP and AR process in interview..

1638

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whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1673

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is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?

2089

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Telly ERP9 is perfect accounting softwear in excise unit.

3739

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