Answer Posted / bharathi

Professional Fees A/c Dr Rs.30000
To ABC & Co. Rs. 30000
(Being Professional Fees to ABC & CO

ABC & Co Dr Rs.30000
To Bank /Cash A/c Rs.30000
(Being Cash/ Bank paid to ABC & Co.)

There is no question of TDS - because if it is a single entry for the whole FY 12-13.

IF IT IS A CONTINUOUS SERVICE TDS IS APPLICABLE THAT MEANS IF IT EXCEEDS MORE THAN RS.30000 FOR THE FY 12-13 TDS TO BE DEDUCTED OTHERWISE NO NEED.

How can a company reduce profit

1957

---

what happens to each of the three primary financial statements when gross margin decreases?

1974

---

What is meant by retiring Bill

1939

---

During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?

1845

---

why cost center is assign to gl account in sap

1431

---

reason for difference in Balance sheet (Asset side & Liabilites side)

1985

---

What is revaluation of Accounts, how does it is accounted in business

1920

---

What is the process of VAT & CST Registration?

2457

---

PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

2167

---

IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT

1891

---

I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round?????

4140

---

Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful

2040

---

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

2154

---

What type of questions in accouting point of respect they ask genrally plz help me find out this.

1985

---

If someone knows about the test pattern of Junior executive accounts than please share.

2085

---