Answer Posted / preeti sharma
gross income is calculated in the trading account.trading
account is related to direct income and expenditure.gross
income is always put of dedit side and gross loss credit
side in the tading account.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?
Define the word Profit in terms of business
what is debit/credit note ? what deffered income and expencess?
Clasify capital
what is waybill key number & how can it be issue?
.,can someone tell me how to compute the subscribed capital share?
what are the different kinds of cash books
how standard costing techniques are applied in manufacturing sectors
how to prepare HSD statements in tally
what is cc limit and what role accountant play to maintain it?
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
What do you think you do well?
What is payment/receipt/period accruals?
Short Answer on ______Transaction
Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?