Answer Posted / hari.kakarla

as per sec.211 of companies Act P & L and Balance sheet will be prepared

Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A

2396

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How is an accounting department structured?

1108

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1.A Company with a net income of $ 7,650 in a year and has 3,000 outstanding shares. Calculate the Earning per Share (EPS).

2103

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What is the entry for closing stock value reduction?

2594

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When Start Service Tax Deducted? How Many Percent is deduct? Service Tax deposited Date in Current 2011.

2120

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What is BRS Adjustment entry?

4297

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what is turn over? what is vat? what should ido to become a expert in acount? plese ans me

2302

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as  per partnership deed, salary to working partner is rs 8000/ per month (96000 annually), suppose if i have book profit of rs 50000/ only,then what is the procedure to give salary

2600

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How is scrap value calculated?

1212

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is goods in transit will be liable for entry tax ?

1743

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What entry to be passed for Duty draw back as receivable

2005

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Is it necessary after every journal entry to show its treatment in P&L a/c? Eg. if I am asked to show journal entry of purchasing furniture & fixture on 1st Aug 06, i.e. Furniture & fixture a/c Dr. To cash/bank a/c Along with this, I have to pass following journal entry on 31st Mar 07?? P&L a/c Dr. To Furniture & fixture a/c

1588

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We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.

1503

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What are the various systems of accounting? Explain them.

1036

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Mention the types of accounts involved in double entry book-keeping?

1128

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