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Answer Posted / sagar ghadge
ER 1 IS MONTHLY RETURN DETAIL OF INPUT CREDIT AND SALE DETAIL.
ER 2 IS MONTHLY RETURN FOR 100 % EOU UNIT.
ER-3 IS QUARTERLY RETURN FOR SMALL SCAL INDUSTRIES.
ER-4 IS ANNUAL FINANCIAL STATEMENT OF THE COMPANY.
ER-5 IS ANNUAL RETURN INFORMATION RELATING PRINCIPAL INPUTS.
ER-6 IS MONTHLY RETURN Information realeating to
monthly receipt and consumption of principal inputs.
ER-7 IS ANNUAL INSTALL CAPACITY OF PLANT.
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ACCOUNTING CONCEPTS AND CONVENTIONS
outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited
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EXPAND_________SDJMC
