what is the difference between reserves & provisions and accumulated reserves & surplus

2 Answers   Neel, Wipro,

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What is the entry for bad debts recovered

10 Answers   Core Logic, Libra International,

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Dillution effect on EPS

0 Answers   Capital IQ,

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I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?

0 Answers  

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we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.

0 Answers  

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why debit is called debit.& why debit is on left side,why not on right side ?

3 Answers  

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Balance Sheet

2 Answers   Chartered Accountant,

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when we compare to bank statement with the our pass book the enteries are opposite why this happens?

1 Answers  

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A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10

0 Answers  

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what is journal entries

7 Answers  

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LIQUIDITY

1 Answers   Bank Of America,

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Four of the following five are alike in a certain way and hence from a group.Which one of the following does not belong to that group? 21,35,49,63,56........ if u get answer pls explain hw u get it?

6 Answers  

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