if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary
1 3563the client has running his business in a rental building and he built new room in same place with own money. can we use the expenses of new room in profit and loss a/c
1 5034as per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary
2482Post New Accounting General Questions
what is the method deposit of wct in Delhi
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Explain what are the accounting events that are frequently involved in compound entries?
What are the difference between Debit Memorandum and Credit Memorandum?
Tell me what is gaap?
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
Re: CST RATE IS 1 % IF C FORM IS RECEIVABLE. IF C FORM IS NOT RECEIVED FULL AMOUNT WHAT WILL BE THE RATE OF CST
my question is I am finance student I want to know which type of the question are asked by the interwier in interview.
Cost Accounting
Do you know what is double-entry accounting? Explain with an example?
Define fictitious assets?
Explain in simple terms what is the difference between asset, equity, and liabilities?
What can be done incase of excess payment of TDS Remittence than the actual amount? Is there any adjustment towards the excess amount with the upcoming TDS payment? Reference of last quarter challan should be shown while adjusting in next quarter?
Do you know overhead in terms of accounting?
Explain what does the standard journal entry includes?