what is the difference between direct income and indirect
income. pleases explain with example.
Answer Posted / gajendra yadav
direct income basing of company nature of business and such
incomes may be releted next year eg. for
construction company - sale of flats, sale of plots,
contract income received, 2. for trading companies - sale
of the materials
if the company received any other income i.e not relating
to the nature of its business i.e indirect income.
i.e dividend on chits (not for chit fund companies),
interest received on f.d's, sale of scrap, any misc. income
and unearned commission and unscured profit & reserve for
baddebts.
| Is This Answer Correct ? | 44 Yes | 25 No |
Post New Answer View All Answers
What are the things are not Included in Annual Reports?
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
what do u mean by arrear basic or arrear hra?
what are the types of provisions that you would make for the end of a financial year?explain
Pls Explain Accounting Standered 1,3,11,29
EXPAND______________ICC
Hi friends can you send me the Accounting Interview questions with a interview experienced questions please
2Create a program that accepts a number and output its equivalent in words (maximum input number is 3000). for example Enter a number: 1380 one thousand three hundred eighty
what is the system of accounting and banking in cooperative bank?
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
Straight line method to using Indian company names
What are direct income and indirect income
What is COVER payment?
what is the nature of bill receivable and consignmenta/c
joint venture?