Answer / jayashree deshpande

Finalisation of Accounts refers to closing the books of
accounts for the particular period of time. This includes
verification of account balances, Passing adjustment
journal entries , preparing trail balance, preparing Profit
& Loss Account and balance-sheet for the same period, etc.
This helps to give a clear picture of the financial
performance of the organisation during the year and to give
the financial position of the orgnisation at the end of the
year.

At the time of advance tds deducted 2% contract which was wrong but when we adjusting the adavace tds deducting 10% rent how can we adjusting that amount

0 Answers  

---

What is an accounting loss?

0 Answers  

---

WHAT IS THE ENTRY TOWARDS PAYMENT OF A BRNAD AMBASSADOR OF A COMPANY

10 Answers   Hindustan Unilever Limited, HLL,

---

previous year tax adjustment (i.e. short/excess provision) on completion of its assessment in current year should be shown in p&l a/c or p&l appro.a/c?

1 Answers  

---

How is the accounting for hire purchase transactions done?

0 Answers  

---

in how many days employees dues should be paid.

2 Answers  

---

What are the differences between debit and credit?

3 Answers  

---

What Does Hedgelet Mean?

1 Answers   Deloitte,

---

What is the accounting treatment for goods taken from business for office use

2 Answers  

---

What is the method to determine / set the credit limit for the customer ?

3 Answers   Genpact,

---

whats difference between manufacturing account & cost account

2 Answers   Kurlon,

---

I want to know service tax applicable on Packers & Movers yes or no

3 Answers   ITC Infotech, TCS,

---