Answer Posted / k. phalguna rao

Ex. X is a Contractor he submitted his bill for Rs. 25000.0
for masion work

for first entry is

Masion work a/c dr 25000
To X A/c 25000

after we make payment to him

X A/c Dr. 500.00
To TDS on X A/c 500.00
(Being 2% deducted as TDS on sub contract works for Rs.
25,000.00)

X A/c Dr. 24,500.00
To Bank A/c 24,500.00
(Being balance amount paid after deducting TDS)

TDS on X A/c Dr. 500.00
To Bank A/c 500.00
(Being TDS amount paid to Govt. on due date on behalf of
Mr. X)

1.how can carry forward the balance of ledgers to the next financial year in tally erp 9

1968

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A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty

1837

---

who is the pramotar?

1945

---

Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

2241

---

why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?

2168

---

What are motive behind mergers And acquisitions?

2113

---

Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed

1918

---

What is dematerialisation and its benefits?

3112

---

I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

2047

---

what are responsibilities of an accountant in a company?

2016

---

difference between office expense and miscelleanous expense with some examples

2046

---

From the following information you are to prepare a Cash Budget for the period from July to December 2008. (i) The estimated sales and expenses are as follows: June July Aug. Sep. Oct. Nov. Dec. Sales 35,000 40,000 40,000 50,000 50,000 60,000 65,000 Purchases 14,000 16,000 17,000 20,000 20,000 25,000 28,000 Wages & Salaries 12,000 14,000 14,000 18,000 18,000 20,000 22,000 Expenses 5,000 6,000 6,000 6,000 7,000 7,000 7,000 Interest Received 2,000 - - 2,000 - - 2,000 Sale of Fixed Assets - - 20,000 - - - - (ii) Sales are 20% in cash and balance on credit. 50% of the debtors are collected in the month of sales and the remaining in the next month. (iii) The time lag in payment of purchases and expenses is 1 month. However, wages and salaries are paid fortnightly with a time lag of 15 days. (iv) The company maintains a minimum cash balance of Rs. 5,000. The cash balance in excess of Rs. 7,000 is invested in government securities in multiples of Rs. 1,000. Short falls in cash balance are made good by borrowing from banks. The interest received as well as paid is to be ignored.

4180

---

Short Answer on __________Trade

1869

---

A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if.  The selling price is reduced by 5 %.  Fixed cost is increased by 2 lacs

1801

---

write about an e-mail to manager seeking permission for leave

4788

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