in terms of accounting the trial balance when is it taken?

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can u explain the meaning of Work Contract Tax in breif.

1 Answers  

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What are Wash accounts and suspense accounts and how do they operate?

1 Answers   Infosys,

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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 do you build a successful business relationship?

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Do you know the term account payable?

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bank jobs

0 Answers   Canara Bank,

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What determines Capital flow across the countries?

1 Answers   Wipro,

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In the case of stock transfer from one branch to another branch any reverse credit is applicable.

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Do you know balancing in accounting?

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Whst is the formula for getting the GOODWILl ??

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Explain me by saying, perpetual or periodic inventory system; what do we mean?

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