Dismissed the watchman after paying him Rs.200 towards his
salary.?
state whether the the following transcation is business
transcation or non business transcation? with reson or
explaination?
- 2 Answers
- 3437 Views
- I also Faced
- E-Mail Answers
Answer Posted / manohar
This is a business expense as it incurred in the normal
course of business and it is related to such business.THere
cannot be any other reasoning assuming it is a transaction
of usual nature. however, there could be question on the
treatment of such expenses i.e., as salary or retrenchment
compensation and it will depend on the facts of the case.
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
if not found suitable for the post applied for, are you willing to be considered for a lower post yes / no ? why?
who introduces the single entry format?
objective of accounting
CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c
When we are raised a interstate invoice then which type invoice we are raised
HOW TO MAINTAIN BANK A/C
What is DRA in bank reconciliation.
what is finance what is bpo why do u want join a BPO types of process in BPO Company's
Who to create a budget on software company
why would you like to opt nbp
Anyone whose sbi interview has been over , please share all the question asked by them
differnce between the 4.7 & 6.0 versions?
Expand-------NSAC
what is data entry? what is report generation ?in accounting how it is used .
I want to know with example of vat & Salestax
