How to create a Interest Invoices
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what is bank reconciliation statement?
is provident fund is liability or indirect expenses for employer???
WHERE WE CAN USE VAT 5%,14.5%
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in Tally what is cost cenre,cost categori and why we need to prepare them
Manoj & Mahavir 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 Manoj 90000 Withdrawals of Mahavir 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.
1. purchase of tally software is treated as assent or indirect expenses , then underwhich group it comes on tally 2. outstanding expenses is under what group in tally
what is the balance sheet? And also tell me about the finanacial statement?
Which ledger are already exist in the tally erp9 ?
tell about "E1" form
Tell me in accounting, vat abbreviates what?
What and How to compute an unsecured balances?