till the discounted bill is paid by acceptor it, remans
1)a contigent liabilities for the acceptor
2)a contigent liabilities fot the drawer
3)a contigent liabilities for the bank
4)a liabilities for the drawer
chose correct answer with detils.
how can i(accoutant) file tds,vat,service tax,salestax,business it returns?
2 Answers Biotavia, GMG, Hot Brands,
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Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
a business man purchases goods at 12.5% vat... he wants to sel l the goods to other state then central sales tax will be applicable@2%.what he can do with the input tax avai lable?
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is hospital is not liable to pay tax on income is hospital is not bound to file sales tax, cst return, is hospital not liable to pay service tax on the room charges they take,
how to calculate service tax on tds
0 Answers ABC, HCL, Modelama Exports,
what is service tax
How do you plan to achieve these goals?