what is the manual procedure for accounting
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I Want to Submit My Income tax return by efilling Personally,Can it possible. if yes please send me your help to submit the same.I Can calculate my computation of income.
What is vat adjustment?
Define a company's payable cycle?
what does AS 18 stands for?
Goods sold by Del Credere Agent are sales of manufacturer or Del Credere Agency?
what is loan operations and what are the complete process form from making customer to closure of loan
What is the dual aspect concept?
I have 3 units, can i vat returns all the three units only one vat form
A firm had the following Balances on 1 January 1994: (i) Provision for bad and doubtful debts Rs 2,500 (ii) Provision for discounts on debtors Rs 1,200 (iii) Provision for discounts on creditors Rs 1,000 During the year, bad debts amounted to Rs 2,000, discounts allowed were Rs 100 and discounts received were Rs 200. During 1995 bad debts amounting to Rs l,000 were written off while discounts allowed and received were Rs 2,000 and Rs 5,000 respectively. Total debtors on 31 December, 1995 were Rs 48,000 before writing off bad debts, but after allowing discounts. On 31 December, 1995, this amount was Rs 19,000 after writing off the bad debts, but before allowing discounts. Total creditors on these two dates were Rs 20,000 and Rs 25,000 respectively. It is the firm’s policy to maintain a provision of 5% against bad and doubtful debts and 2% for discount on debtors and a provisions of 3% for discount on creditors. Show the accounts relating to provisions on debtors and provisions on creditors for the year 1994 and 1995.
What is Deferred tax? What is the difference between current tax and deferred tax.give some example of deferred tax.
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
IF WE PURCHASE TV FOR PERSONEL THEN WE DIDNT RAISE PURCHASE ORDER WHY ?