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how to deduct tds on pension with examples
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Answer Posted / aparna baradkar
income up to 2.5 lakhs no tax will be deducted
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pls let me know double entry of 'LEASING"
how to we pass a purchase entry in item invoice mode where some advance has been paid to the party. the purchase entry should get offset with the advance payment entry so that it does not appear in the bill outstanding or bills due list. please guide.thank you
How to pass journal entry of gifts purchased for employee by using campany ATM card
Tell me what do you believe makes a successful account executive?
Do you know compound journal entry?
WHAT ARE THE DIFFICULT ELEMENT OFF JOB
Account for letter of credit in the books?
What are document required by the bank to make payment for debit memo (Import). if we have allready made payment for orignal bill.
what is account reconcillation
i want to wearies heads under direct expenses and indirect expenses
What is project implementation?
what is lease accounting?? please explain me....
how many invoice types are there in accounting and what is the satutary obligations for each invoices and waht are the basic differences in those invoices.
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
Case Study: Deepak Hand tools Private Limited DHPL is a small sized firm manufacturing hand tools. It manufacturing plan is situated in Haryana. The company’s sales in the year ending on 31st March 2007 were Rs.1000 million (Rs.100 crore) on an asset base of Rs.650 million. The net profit of the company was Rs.76 million. The management of the company wants to improve profitability further. The required rate of return of the company is 14 percent. The company is currently considering an investment proposal. One is to expand its manufacturing capacity. The estimated cost of the new equipment is Rs.250 million. It is expected to have an economic life of 10 years. The accountant forecasts that net cash inflows would be Rs.45 million per annum for the first three years, Rs.68 million per annum from year four to year eight and for the remaining two years Rs.30million per annum. The plant can be sold for Rs.55 million at the end of its economic life. The company would need to raise debt to the extent of Rs.200 million. The company has the following options of borrowing Rs.200 million: a. The company can borrow funds from a nationalized bank at the interest rate of 14 percent for 10 years. It will be required to pay equal annual installment of interest and repayment of principal. b. A financial institution has offered to lend money to DHPL at 13.5 per annum but it needs to pay equated quarterly installment of interest and repayment of principal. Questions: 1. Should the company expand its capacity? Show the computation of NPV 2. What is the annual installment of bank loan? 3. Calculate the quarterly installments of the Financial Institution loan 4. Should the company borrow from the bank or from the financial institution?
