Answer Posted / raghu.v.

Under Sundry creditor or
Sundry creditor Expenses

if company having a loss consecutive last more than 2 years, Depreciation on equipment should be appear in profit and loss a/c or pass the provision entry every unless company not recover profit. Please explain.

1685

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what is the basic difference between pooling of interest method and purchase method in amalgamation

3712

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What is the difference between depreciation and amortization?

1107

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Under the accrual basis of accounting, when revenues are reported in the accounting period?

973

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what is the entry of credit card received excess amount entry in tally and their under group names

1369

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Tell me what is the difference between accumulated depreciation and depreciation expense?

1185

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How to pass workscontract sale invoice which includes WCT & VAT.

2226

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service tax calculated on agreement value or market value whichver is higher for builders?

2311

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what is gl a/c? & why is it maintain

1915

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You are using the accounts approach to parallel valuation and classic assets accounting. You need to create a new financial statement version to valuation based of IFRS principles. In asset accounting, what posting options can you choose for the new depreciation area? (any 2 answer) Area post in real time Area posts APC directly and depreciation periodically Area posts APC only directly Area posts APC and depreciation periodically

1548

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Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????

1641

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Explain what does the standard journal entry includes?

1022

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Tell me different branches of accounting?

1041

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What are mis reports?

1132

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Explain accounting 101?

1129

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