Answer Posted / madhavi

PERSONAL ACCOUNT:
DR THE RECEIVER
CR THE GIVER
REAL AC:
DR WHAT COMES IN
CR WHAT GOES OUT
NOMINAL
DR ALL THE EXPENSES AND LOSSES
CR ALL THE INCOMES AND GAINS

During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.

1597

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whether bills of exchnge can come under the category of reserves and surplus

1821

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Let me know the liability positions of Partners

1915

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I purchased a machine and finance it by bank with the amount 1900000 and bank apply the finance charge 440000 for 3 years finance how to pass this entry still machine value is 2200000 is finance charge is interest (indirect exp.) pls help me.

1712

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What is computerized accounting?

1008

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if we have provision for bad debts and RDD then on which amount we have to calculate RDD original or deducted?

3852

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how can i settle the party ac with cr & dr

1949

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How do you prepare a balance sheet from a trial balance?

1047

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what is the difference between accounting and bookkeeping?

974

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how to pass entry in tally for Interest received on sweep credited to saving a/c? In what group it should be come

10944

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for giving the salary in terms of cash to an employee for what minimum amount revenue stamp is reqired to paste the vouceher? up to what limited revenue stamp is required?

3314

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What is the difference between Accruals and Provisions?

1586

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sIR, DEAR SIR, WE ARE PREPARING EXPORT INVOICES AT THE TIME OF INVOICE PREPARATION WE MENTIONED EXCISE, EDN CESS AND SH EDN CESS AMOUNT ALSO IS IT CORRECT ARE NOT BUT I THINK WHEN MATERIAL SOLD EXPORT EXCEMPTION FROM EXCISE, EDN CESS AND SH EDN CESS WHICH EVER IS CORRECT. PLEASE CLARIFY MY DOUT. ADVANCE THANKING YOU,

1820

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What all are the documents need to check for a supplier payment?

1562

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EXPLAIN EACH SECTION PROVISIONS ON TDS?

1805

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