How to register a payment for LIC in the books of accounts as it is exempted under 80 c...
Thanks
Answer / ravindra
LIC A/c Dr. XXXX
CASH/BANK Cr. XXXX
Capital A/c Dr. XXXX
LIC Cr. XXXX
Its less on income tax calculation
Is This Answer Correct ? | 0 Yes | 0 No |
Hi Iam Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Officer's post. Please help me I f u can. thanx in advance
My Question regarding owners drawings. case1; If owner paid some expenses from his own pocket and later that amount added to his salary then what adjustment entries will needed.
I gave cash advance of Rs. 70000 to one our enginner at site. He submitted only bills of 69000. Please tell me, how I can write these transaction in the Day book.
What is derivative?
Truck # 3 has a list price of 16000. It is acquired in exchange for a computer system that company A caries in its inventory. The computer system cost 12000 and is normally sold by company A for 15200. Pass the journal for the same.
What is the full from of DR and CR ?
19 Answers Adani, Adani Wilmar,
How to Prepar Balance sheet?
what is different between expenses (direct) and direct expenses?
Expand ________ACAT
Expand ________ECE
What is stock transfer? for ex: if i purchase a product in chennai and i tranfer it to our branch which is in bangalore. shall the blr office can bill the product to their customer in blr.(purchse frm chennai and bill in blr office is possible?
Define bank Cheque