Answer Posted / mahaveer sharma

Unsold stock which is in our business at the end of financial year is called closing stock.

what is Rectification of Errors ?

2251

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how to calculate IT? if bank intrest:1036 , long term capital gain:448841 short term capital gain :894 , income from rent 225000, and income from other source 347478, Advance tax paid 25000,lic 101508, medicliam 6990 and tds recd.25000

2143

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reason for difference in Balance sheet (Asset side & Liabilites side)

2039

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Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1923

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What is dematerialisation and its benefits?

3185

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can u let me know how the bankers calculate interest on O.D.account

2135

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We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.

2133

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What is the procedure to take loan

2263

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sort out the difference between service provider & service reciepient from the service tax.

2082

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While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"

1996

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How are fund-raising and publicity and management and administration costs apportioned over funds?

1931

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what are the seven accounting rules

2125

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what are the important steps to take during the conversion of an accounting system.

1950

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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

1934

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deffered tax treatment in financial statements

2177

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