Answer Posted / shankar. c

Dr EXPENDITURE AND CR PAYABLES

EX AUDIT FEES 10000 DR

AUDIT FEES PAYABLE 10000 CR
(JOURNAL FOR LIABILITY)

DR TDS RECEIVEBLE 10000

CR INDIECT INCOME 10000
JOURNAL FOR ASSETS

explain Dual entry concept

1983

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what are Blue-Chip companies?

2276

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what is budgetory control and what are the types

2500

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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?

1767

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3. You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.

2232

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credit card entry in tally

1479

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Data flow of Accounts payable to General ledger?

1813

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what is mean by traditional accounting ?

2470

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How is the expenditure of developing a modified product treated?

1939

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Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry

2108

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plz send me hsbs finance questions asked in the interview ans appitude also

2916

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Expand---------PED

2369

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why did rbi hiked repo and reverse ratio and how it will effect the market

1922

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what's accounts payable

12393

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1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

2296

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