Answer Posted / anuj kumar
It is basically represents the reasons of not reconciled
the bank balance as per bank statements & bank balance as
per our system.
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You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
what do you mean indirect expanse in trading business?
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
can we get all interview questions with answers in tally 9 which mostly asked in MNC's.
Suppose the production is more and sales less then what will happen
please provide wct retun guide line how can prepaire that
Expand CCIT?
what is contigent liabilities? whats it status in balance sheet?
From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.
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Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
Expand-------NBTA
where does the closing stock appears in the trial balance?
What is the process of VAT & CST Registration?
Expand-------------BRTS