what is difference between income and gain?
Answer / abdul kadir
The term 'gain' is used when benefit is acquired from purchase-sale activity whereas the term 'income'is used when benefit is acquired through any means
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A Vat account debit balance reported in the year end trail balance would represent?
What is the meaning of Trial Blance?
5 Answers Accenture, Amit Enterprises, Laposs Hardware,
how to pass interest on security entries and salary payable entries in tally and how to maintain e-commerce company account please revert me ASAP its needful for me
What is Contigent Libilites
What is the meaning of Trial Balance.
if sale is rs 500000 lac and book profit is around 40000 thousand, what is the procedure to pay salary to working partner.should is pay as per deed or should i go with slab in which i can pay 90% of book profit as salary
What is the difference between perpetual & periodic inventory system?
what is break even point
What are the following types of accounts falls under in Accountancy? Can you please classify the following whether they are nominal ,real or personal account ? 1)sales tax account 2)Debtors account/Creditors account 3)Bank Overdraft account 4)Bills Payable Account/Bills receivable Account 5)Stationery Account 6)Purchase account 7)Loan Account
I post Optional Voucher in Tally.ERP in which there is deduction of TDS is applied. But when I convert this voucher as regular voucher the TDS entry have to make again why so
What is Journal Entry for Provision for Leave Salary
4 Answers Bescom, State Bank of Mysore SBM,
expenses incurred in the formation of the company are show in : 1)debit side in the profit and loss a/c 2)as an assets in balance sheet 3) as an liabiliies in balance sheet 4) credit side in profit and loss a/c