Tell me what is “deposit in transit”?

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a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?

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Every year very huge amount of depreciation debited at any of company's account, which is actually non cash expense, now where actually amount goes at the year end?

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how to treat investment fluctuation fund in case of death of a partner

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what are the types of option contract?

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whether allowances will be included in calculating esi from gross salary

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director wife expenses which entry

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EXPLAIN EACH SECTION PROVISIONS ON TDS?

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What is Reserve & Surplus? Plz give me with some Example.

10 Answers   Bank Of India, Genpact, iGate,

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Please help me in this entries Pass accounting entries for the following transaction in the books of XYZ company. A rendered professional service to company XYZ and sent an invoice dated 01/01/2016 for Rs 1,00,000/- + service tax Q1. Pass journal entry for the invoice received considering the service tax and TDS. Q2. Payment was made on 01/02/2016 by cheque. Pass payment entry.

0 Answers   R D Traders,

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can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?

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WHAT ENTRY PASSED IN BOOOKS OF ACCOUNT IF INVOICE BILING AS UNDER :. SUB TOTAL = 428325.45 VAT @12.5%= 53540.68 Additional vat 1%= 4283.25 ORDER DISCOUNT = (9722.99) ROUNDED OFF = 0.39 -------------------------- NET AMOUNT = 476426.00

2 Answers  

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