Interested to Buy Any Domain ? << Click Here >> for more details...
what is the usage of Acounting standard?, what is deferred
tax?, what is operating Expenses and incomes?, what is the
difference between subsidary and holding company? and what
is right share and right issue?
- 1 Answers
- 6095 Views
- I also Faced
- E-Mail Answers
Answer Posted / chalapathi rao govada
The Basic advantages of AS are as follows.
- Uniformity in the financial statements of all concerns.
- Leads to Better presentation of financial statements.
- Easy to make a comparitive sutdy of any two business
organisations.
Differed Tax:
AS per AS 22, Differ Tax is the differnce between tax
payable as per Book profit and tax payable as per tax laws.
Differ tax araises only becasue of timing difference on
Current account Transactions.Like Deprecialtion.
Differed tax may be differ tax asset or differ tax
liability.
| Is This Answer Correct ? | 12 Yes | 0 No |
Post New Answer View All Answers
where we have file E-returns in SAP FICO-CIN/Wtax?
my boss (Managing Partner of a firm) promoted along with his wife a private limited company. he and she spent some Rs. 75,000/- (approx) for the promotion of the company. i know that they usually fall under the head of preliminary expenses. but after receiving the certification of incorporation of the company how shall i repay them to the promoters i.e. what is the accounting entry in the books (initial books of accounts) for the expenditure incurred. they have kept in hand 5,00,000/- each to meet the expenses and they were allotted shares of equal to the amount. can i allot shares for a consideration of cash from and excluding the preliminary expenses. can i take cash towards the share application money (being the cash more than Rs. 20,000/-) as the company has not opened a bank account yet. please give me the detailed answer with journal entries that can be entered in tally. thank you.
Expand---------ODMT
What are the benefits ofparticipation in a depository?
if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever
example of SOP
How to maintain Purchase Orders ? Please explain by proper format.
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?
payroll calculation procedure explain completely?
what is the difference between financial accouning and financial management?
What is Accounting on Computers
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
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.
why funds management doc is generated during migo and miro
why are you selecting for the profitbulity analysis costing based& active based
