Interested to Buy Any Domain ? << Click Here >> for more details...
what is finalisation of accounts ? what are finalisation of
accounts entries ?
- 11 Answers
- 67209 Views
- Al-Marjan, I also Faced
- E-Mail Answers
Answer Posted / mohandas
Preparation of the statement of account comprising Balance sheet, Profit and Loss Accounts and Notes forming part of the Accounts is the finalisation of accounts after making adequate provision for expenses depreciation etc. After that:-
1) Transfer all revenue accounts to Profit and Loss Account
2) Tally the Profit and Loss Account With Profit and Loss account attached with the Balance Sheet.
3) Balance of all Assets and Liabilites are carried forward to the next year which must match with the Balance sheet figures.
| Is This Answer Correct ? | 53 Yes | 8 No |
Post New Answer View All Answers
what is period VAT revised return can be filed?
i want to know that how much input credit we can take of service tax if our input service tax is greater than of out service tax what we should do?,,,,,,,,,,plz reply as soon as possible
How To Calculate Gross Sales for vat return -15
Why TDS is not deducted on JSTF Contribution of Hinjewadi Industries Association?
How do I get a C form with the bank Guarantee?
sir, please suggest me. If in case work contract, wct not deduct by principal contractor then what is the consequence ? I mean please clear me if the principal contractor not deduct wct then is the contractor (sub) liable to pay wct ?
Can we get excise and VAT credit form staff welfare goods like shoes, uniform, goggles etc.?
Can we pay advance salary to a single employee in cash of an amount exceeding 10,000?
IF a vendors charges WCT @8.75% what is the rate of TDs to be deducted against that? & can we take the Input of it?
What is Form 12A & Form-H and where is applicable.
I plan to buy a new flat in Hyderabad which has never been registered before. Area of the flat is 1115 Sq. ft. I intend to know the following things.1.) what should be the amount of registration?.2.) Is there any VAT. If there is VAT what is the percentage?.3.) Is there any service tax. If so, what should be the percentage? as per F.Y 12-13 rule
What is the difference between excise & service tax?
If we got a printing jon we are adverstising firm for that we purchase paper from local dealer which contain vat 4% now when i bill to the person from whom i got a priniting job what should i consider this as service or sale and what tax i charge, i don't have vat no. but i have service tax no.?
What is FBT? Is there any fixed rate of tax for all? or slab rate? pls give the detailed answer with examples. My e- mail ID: vijji_tv@yahoo.com
what is cenvat credit? plz tell service tax interest rate and watz it procedure...
