Answer / malik

day to day tranctions . enntering the all bills day to day
pass the journal entries

Answer / ravi

1,bought goods from satish one month credit for rs6000 of
which half is invoiced to mr nayan at 30% above cost

2, paid carriage and cartage on goods sold to mr nayan on
behalf rs 40

3, purchased 20 shares of abc ltd at 20 per share

4, ambar became insolvent a dividend of 50 paise in a rupee is
received

5, paid monthly charges to the housing society for his own
residence 350

I am a Leaving Cert Student. From Solutions to exam questions etc. I know what to do with the following adjustment but I cannot explain why. A thypical Adjustment is: A building is acquired for €60000 plus VAT at 10%. The amount paid to the Vendor was entered in the Buildings Account. No entry made in the VAT account. Could you explain why the VAT amount is deducted from the VAT amount in the TB? And why it is sometimes an Asset in the BS. Thank you, Mary

0 Answers   College School Exams Tests,

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how&when brs is prepared

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What is the difference between perpetual and periodic inventory systems?

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There is no item category assigned to account

0 Answers   McML,

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Company ABC split 1:3 on March 31, 2009 and split 3:1 on March 31, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 3000 $75.00 April 23, 2009 $72.00 2300 $72.00 March 31, 2009 $67.00 999 $ March 31, 2008 $275.00 300 $91.66 November 30, 2007 $233.00 6800 $77.66 October 6, 2006 $1,333.00 13000 $444.33

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please tell me what is journal entry for salary: Gross Salary 10000 and net salary 75000.

3 Answers   Synergy,

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zerobase budgeting

4 Answers   Capital IQ,

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A persons salary 1 lac per month .How i can save the tax to company & persong giving by breaking of salary during year 2008-09 when FBt is applicable ?

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Labour charge 100000  deduction tds 5%

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What is the distinction between cost accounting and management accounting?

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In accounting, how do you define the premises?

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What is the Rate of VAT applicable on Electronic & Electrical goods?

6 Answers  

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