sohail


{ City } hyderabad
< Country > india
* Profession * job seeker
User No # 56672
Total Questions Posted # 0
Total Answers Posted # 2

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Questions / { sohail }
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Answers / { sohail }

Question { 17197 }

journal entry of outstanding salary


Answer

o/s salary a/c dr.
to salary a/c,
(being entry for o/s salary made)

Is This Answer Correct ?    3 Yes 15 No

Question { 2624 }

the selling price of a prouduct of vintex limited inclusive
of basic excise duty 16% and education cess 2% and SAH cess
1% is rs 3002. find the assessable unit of prouduct?


Answer

since it is selling price it is inclusive of excise duty..
so,here AV=z
1.1648z=3002
z=2577.267
is the assessable value

Is This Answer Correct ?    1 Yes 0 No