how to pass year entry for incomtat payment.
Income tax for the Year so and so.
TDS receivable a/c Cr xxxx
Refund receivable a/c Cr xxxx
Bank account Dr xxxx
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Explain me by saying, perpetual or periodic inventory system; what do we mean?
What is trail balance
What are the three major parts of accounting
shares convert into share capital what is the journal entry? how many ledgers need to create?
What is a trial balance in accounting?
“The investment, financing and dividend decisions are interlinked”. Comment.
What is the present Central sales tax rate in India? Also let me know the maxium and minium sales tax rate in India. If the VAT rate changed of any state what will be the impact of CST.
WHAT DO YOU MEAN BY SERVICE TAX.
WHAT IS THE LAST DATE OF HOUSE TAX SUBMITED , AND WHAT IS THE RATE OF HOUSE TAX ?WE PAID HOUSE TAX MCD OR ANY OTHER. PLEASE TELL ME.
I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary
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After close Balance Sheet, we find a expense which was wrongly debited in Profit and Loss A/c. How we adjust next accounting period?
Purpose for maintained RG 23a Part II & RG 23c PArt II? give brief discussion....