Answer Posted / sudheer

there is no difference b/w outstaning and accrued
the word outstanding is commonly used to represent expenses
outstaning on the other hand accured is using income
outstanding(accrued income)

WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?

2109

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Mention what are the rules for debit and credit for different accounts to increase the amount in your business accounts?

1130

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what are the disadvantages of back-flush accounting?

1126

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A Company has not deposited its ESI /PF dues from 01-04-10 till 31-12-10 in a year (Both the shares). What is the maximum time limit for that and is the liability as on date. Management wants to daly at the maximum, but want the calculations of each & every aspect- monthwise. The avrerage no. of employees are 50 and the salary is around 2.00 to 2.5 Lacs per month.

2063

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explain the relevance of closing stock account in trading a/c when preparing the gross profit?

2550

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If the company acquires equipment prior to incorporation what are the accounting entries?

1665

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IN VAT INVOICES DISCOUNT ALLOWED OR NOT

2152

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What is the entry to be passed on receiving the tds certificate in the books of the deductee?

2676

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what is the entry to be made for vat when any purchase is made in that bill vat amount is included ?

4387

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whats the sales tax slab and company's turnover professional tax slab

3415

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if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?

1587

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how to calculate the rate of hard ,soft and very very hard rock rate of cubic meter

1638

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Have you ever made mis reports and what are they?

1095

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how to prepare for accontant examinations

2138

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How is the accounting for lease transactions done?

1137

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