Answer Posted / munna2143

pf is calculated on basic salary @12% on salary

Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.

2156

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sir i want know how to fill vat return

2126

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how to calculate accrued interest on fdr?how to see from bank statement????basic procedure plz advice..

4317

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List the type of transactions entered in journal proper.

1225

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What is journalizing? What are the columns of a journal?

1198

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What are the features of financial accounting?

2206

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Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?

1940

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1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-

1904

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

2111

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Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?

2287

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Explain things that fall under intangible asset?

1120

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What do you mean by ledger posting?

1123

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Q1©. Gratuity of Rs. 1,20,000 is received in August, 2007 by Mr. M, a legal heir of Mr. R aged 45 years who died on June 28, 2007. Is it taxable?

3750

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WHICH QUESTIONS ASKED IN EPFO IN 2009.

1955

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where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?

4261

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