What is departmental accounting? Give an example

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Hi, I want to know whether PF Deduction is applicable if the CTC Is Rs.7000/-PM. We already deducted ESI On Gross Salary (1.75%). Whether PF Is applicable in this?Employee & Employer?

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8. What is the difference between: a. Direct Costing Method and Absorption Method. b. Fixed Cost and Variable Cost.

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What are the columns of a journal?

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Explain the types of ledger?

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IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE ORDER WHY ?

3 Answers   Accenture,

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What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. ???????????????????????WHY????????????????

5 Answers   IAS,

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Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.

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Tell me what is accrual accounting?

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Why we Deduct TDS ?

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Equipment A has a cost of Rs.75,000 and net cash flow of Rs.20000 per year for six years. A substitute equipment B would cost Rs.50,000 and generate net cash flow of Rs.14,000 per year for six years. The required rate of return of both equipments is 11 per cent. Calculate the IRR and NPV for the equipments. Which equipment should be accepted and why

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What are the advantages & disadvantages of double entry system?

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