Answer Posted / madhu poor

Contra entry means Bank to bank Transaction.
It's means Cash Withdrawl & Cash Deposit.

for e.g. Dr. Cash ...... Amt.
Cr. Bank.......amt.

Dr. Bank.......Amt.
Cr. Cash ......Amt.

If its is declared by auditor that business is not going concern that what journal entry will be pass?

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what is the step in preparing the schedule of audit? can someone explain for me?

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My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

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1. Fdr mature with interest

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what happens to each of the three primary financial statements when capital expenditures decrease?

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Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

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what is the process of excise duty?

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what is the meaning of input vat & out put vat?

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What is Direct Debit

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define bank Draft

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in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)

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Please share different type of Z report

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what's accounts payable

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How can I explain p2p process in SAP?

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differed tax liability

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