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Answer Posted / raghavendra
business transaction refers to business activity deals with
exchange of goods and service gives moneys and money worth
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The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate
Please do tell me about the questions which are asked at BACS FINAL ROUND.
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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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Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
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legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
What type of question generally asked in Brokerage Firm ?
