What is the treatment of claim settled by insurance company but still receivable in profit and loss account
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What is an asset, an expense, a liability, revenue and equity?
if A company pay salary to X 10000 after deduttion of 2000 advance and12% PF . what is the entry of it.
Explain me what do you think is bank reconciliation statement?
why debit is called debit.& why debit is on left side,why not on right side ?
We have bought a vehicle amounting and take a loan from bank and some part has been paid by Cash.
We purchase goods worth rs. 25000 from shyam co. in credit. We paid him 20000 and rest we refuse to pay. What is the journal entry for it. This is not discount received.
WINDOWS SOFTWARE PURCHASES FROM MICROSOFT BY PAYING A CHEQUE OF RS. 35000/- FROM AXIS BANK LTD. PASS THIS JOURNAL ENTERY
what is cost price formula ????
plz tell me Agar koi co. ka exp. generate ho or uski payment cash se ki jaye to hume wo exp. book krne ke liye payment ki receipt leni jaruri hai bina receipt ke entry krna sahi h ya galat..??
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
why the profit of a company is shown on the liabilities side in the balance sheet
what is tds rates for company / indivisuals?