Give a brief explanation of the fundamental accounting
concept of prudence
No Answer is Posted For this Question
Be the First to Post Answer
tell about bank entry
(a) Rajesh Ltd. gives you the following information for the year ended 31st March, 2006: (i) Sales for the year Rs. 48, 00, 000. The Company sold goods for cash only. (ii) Cost of goods sold was 75% of sales. (iii) Closing inventory was higher than opening inventory by Rs.50,000. (iv) Trade creditors on 31.3.2006 exceed the outstanding on 31-3.2005 by Rs. 1, 00, 000. (v) Tax paid during the year amounts to Rs. 1, 50, 000. (vi) Amounts paid to Trade creditors during the year Rs. 35, 50, 000. (vii) Administrative and Selling expenses paid Rs. 3, 60, 000. (viii)One new machinery was acquired in December, 2005 for Rs. 6, 00, 000. (ix)Dividend paid during the year Rs. 1,20, 000. (x)Cash in hand and at Bank on 31.3.2006 Rs. 70, 000. (xi) Cash in hand and at Bank on 1. 4.2005 Rs. 50, 000. Prepare Cash Flow Statement for the year ended 31.3.2006 as per the prescribed Accounting Standard. (b) Define the teen "Operating Activities", "Investment Activities" and "Financing Activities" as per NA S-3 Send me this question answer in my mail Address please help me to how solve the question ( deepakgaire@gmail.com) plese plese
what do you mean indirect expanse in trading business?
Expand--------ACRD
Expand BFSI
i want to know the procedure of Tds ledger in tally for Event management co,s means procedure of creating TDS ledgers and how to know the outstandigs of Tds payable and Receivables plz guide me.........
EXPAND___________NPO
Aravinds gross salary is 15000/-Pass entry adjusting 150 profession tax, Advance adjustment 1500/-
Interest of Rs.30000/- is received from deposits Tds of Rs 7500/- is deducted by the bank please pass the necessary entry for the same
For eg, u have order 100 goods and u got only 80 goods, and u got invoiced for 80 goods only, what u will do in this?
what is the step in preparing the schedule of audit? can someone explain for me?
Expand ------DGCA