Why Accountants have to or must prepare INCOME STATMENT in two stages Gross Profit And Net Profit

2 Answers  

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What is call option and put option?

1 Answers   SEBI,

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how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come

0 Answers  

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What is the Meaning of Value Date in Bank Statement ?

1 Answers  

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If We Are Purchase Any Service For Ex. Agency Charges From Creditors & Give Or Sale The Same To Debtors; Then How I Open Agency Charges Ledger? What Is The Grouping Of It? Is It Purchase A/c. Or Sales A/c.? And If Its Purchase A/c. Then How I Enter It In Debtors A/c. Or Should I Make Two Different Ledgers With Two Groupings Purchase One And Sales One?

1 Answers  

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Assuming that a firm pays tax at a 50 per cent rate, compute the after tax cost of capital in the following cases: I. A 8.5 % preference share sold at par. II. A perpetual bond sold at par, coupon rate of interest being 7 per cent III. A ten year, 8 percent, Rs.1000 par bond sold at Rs.950 less 4 percent underwriting commission.

0 Answers  

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How to treat company managers personal expenses met by company if he is not taking salary from company and in future salary will be payable after deducting all personal expenses (salary amt will be decided only at paying year). pass journal entries

0 Answers  

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If we get TDS certificate after audit whareas this certificate is related to same financial year,in this condition how will we consider tds or can we take this credit in next f.y.?

2 Answers  

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if a employee basic salary is rs. 8000/- in march 2010 his total days of salary is 15 then what will amt comes in his f.p.f.(8.33%) account

5 Answers   Simplex,

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

2 Answers   Neel, Wipro,

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What is service tax & excise?

0 Answers  

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what is form H

1 Answers  

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