What is the journal entry for insurance premium payment of a
company
Answer Posted / santosh wagh
if the Insurance paid for next financial year than entry
will pass
Prepaid Exp A/c Dr
To Insurance Exp
Is This Answer Correct ? | 70 Yes | 21 No |
Post New Answer View All Answers
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?
Apportionment of expenses
Can i put opening stock in new company during closing time
can any one send me tally professional version link
Sir, I want to know about Entry Tax. I purchased the Packing Box from other state.the entry tax on the packing items is 5 %.but now sale tax deptt. close the entry tax on barrier. the tax will be deposited with return. sir we want to know can i deposit this entry taxon on CST challan or not. if not then how can i deposit, or which cloumn in return shown this amount. please send the return format my mail ID is happynlg@gmail.com
i have pay to 250000 excise duty so i ask to all how can maintain entry in tally ?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
what is the enty for contract bill raised?
I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
all ques. related to accounts?
What is peach tree accounting?
journal entry for goodwill and capital bought by a new partner?
what is the last date of deposit TDS on liability for the assessment year 2010-11
What is the use of accounting?
Anti Takeover policies