Answer Posted / ilyas

Pf is calculated on Basic+DA @12% example if basic salary
is 4000/- and DA(dearness Allowance) is 500/- then pf is
(4000+500)*12/100 = 540/- is pf

What is the entry to be passed on receiving the tds certificate in the books of the deductee?

2571

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Describe the advantages and disadvantages of the different accounting packages/systems you have used recently in your accountant jobs

1102

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Define balancing in accounting?

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Why current assets Liability said & current Liability Assets said...?at tally ERP9

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