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we are run construction (residence & commercial)last year
we are sale 4 flats (16 flats apartment) registration value
example:10.75 * 4 = 43.00 but we are collected from
customers 45.00 total so 45 - 43 = 2.00 this amount we are
booking additional agreements work amount (income)because
we are standing sub contractors expendeture side 2.00, we
are service tax paid or not ?
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I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.
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please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
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