Answer / sridhar

Calculation of depreciation in 4 ways, but for accounting
we are following 2 ways ie.,

1) Straight line depreciation method (SLM) and
2) Written down value method (WDV).

Mostly we are following Straight line depreciation (SLM)
for fixed assets. And for Buildings tax rate is 10% and
for hotel industry tax on building is 15%.

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Expand A O

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Entry for prepaid expenses?

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EXPAND_________WWW

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What is TDS entry for a Firm? as previous years TDS is shown as opening balance in the books of the firm in current year and i don,t want in C.Y as its claimed in the Computation of Previous Years???? So what is the A/C ing entry

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3. In reviewing Corporate equity on a balance sheet, what effect be included in the description “Total Capital Stock” a) Par value of preferred b) Par value of common c) Paid in Capital excess of par value d) Both (a) and (b)

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Explain "debit what comes in credit what goes out"

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double-entry bookkeeping system

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Expand ------MEF

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i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............

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difference between retail invoice & tax invoice

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