Answer Posted / vipin tyagi

Professional Fees Dr. 30000
To ABC & co. 27000
To TDS on Professional(10%) 3000

(Being amount of professional consultancy charges payable
to M/s ABC & Co.)

ABC & co. Dr. 27000
To Bank A/c 27000

(Being amount of professional consultancy charges paid to
M/s ABC & co.)

what is Sums on Finalization of Accounts?

2072

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diffrence between the profit center and business area

2093

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How do we return the loan in equal installments with interest in tally

2133

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explain about mergers & aquisitions? asked on 30/7/09

2250

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What do u mean by pass through expenses? give examples, how it will be accounted & billed?

5951

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commisiion recieved journal entry and receipt required

1482

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let me know the difference between net cash flow and income

2273

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what is balancesheet adjustment a/c. what is the use of this a/c in sap fico

2566

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We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

2114

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please send me last 3 years question & solution

2123

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tell me about roll model as father

2264

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What is discounting accounting and why depriciation of assets are mention in dicounting accounting?

2118

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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2639

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Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1741

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Hi friends ineed finacial analyst interview question Pls share it

2046

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