Interested to Buy Any Domain ? << Click Here >> for more details...
if we have charged vat @ 5% instead of 4% ,how can we
rectify that invoice ?we have already send that invoice to
our client and we have received that payment also .Invoice
Dated 25/01/2010
Kindly advice on that .........
- 1 Answers
- 4117 Views
- I also Faced
- E-Mail Answers
Answer / motilal
Pl. Issue a credit note of difference of 1%. And attached
with invoice issued.
| Is This Answer Correct ? | 14 Yes | 0 No |
capital is a assets but its shows in liability side. why?
what is salary slab for tds
what is current rate of excise duty in india
what is the difference between TDS & TCS? Note:- Plz don't tell the ful form of tds & tcs
3 Answers Jaguar, National Granites,
What is the types of Accounting Method
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
How to make payment for single invoice and multiple invoices
exchanged old furniture for new,the value of old furniture was rs 350 while the vaue of new furniture was rs 900 balance paid in cash what will be the journal entry according to you
2 Answers Chartered Accountant,
From the following Trial Balance of Seema Garments as on 31st Dec., 2007, prepare Trading Profit and Loss Account and Balance Sheet: Dr. Rs. Cr. Rs. Opening Stock 15000 Purchases and Sales 109000 180000 Manufacturing Wages 8000 Fuel, Power and Lighting 12000 Salaries 11000 Income Tax 5500 Loan to Mr. X at 10% pa. 5000 Interest on Mr. X’s Loan 300 Apprentice Premium 4500 Rent 4000 Rent Owing 600 Furniture (includes furniture of Rs.1000 purchased on 1st July, 2007) 5000 B/R and B/P 6000 1600 Plant 72000 Debtors and Creditors 28000 13000 Capital 100000 Cash 19500 300000 300000 Informations: 1. Closing Stock was valued at Rs. 30,000. 2. Goodsworth Rs. 5000 was sold on 28th December, but no entry was passed to this effect. 3. Goods costing Rs. 7000 was purchased and included into Stock but no entry was passed to record the purchases. 4. Create a provision of 2% for discount on debtors. 5. Apprentice premium received on 1st January, 2007 was for 3 years. 6. Depreciate the furniture by 10% p.a. 7. Salaries for the month of December, 2007 are still outstanding.
What is the importance of accounting standards?
how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..
What are its characteristic features of financial accounting?
Audit 
