Answer Posted / yogeshd

Now Days Service Tax rate is 12% Services, 2% Education Cess & 1% Secondary Education Cess

How to create a liability for Service Tax in SAP

2800

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while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?

3280

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Unrealised profit will be debited to ?

1844

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Tell me the meaning of long-term notes payable is or long term liabilities?

1061

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WHAT IS THE DIFFERENCE BETWEEN ESTIMATED BALANCE SHEET & PROJECTED BALANCE SHHET

8565

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Do you know what is balance sheet?

1039

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What is the provision? What is the entry for provision?

961

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what is revenue recognition rule, and can you specify the answer.

1693

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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

1489

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How can pass reverse entry to close the account. If the Asset sides is greater then liabilities side and vice versa, then what can I do.

1762

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What is short term solvency ratio?

1009

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Capital reserve is - a) real account b) nominal account c) personal account d) none of them

876

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pass the journal as wellas ledger entries off the foll 1st jan :> started businress with cash rs 1,20,000 & goods worth rs 60,000. 2nd jan > cash purchases rs 50,000. 4th jan >cash sales rs 40,000. 6th jan > purchase good's from sonali on credit worth rs 30,000 at 10 % trade discount. 8th jan> sold sood's to komal on credit rs 20,000 at 10% trade discount. 10th jan > paid rent by a cheque rs 50,000. 12th jan > good's worth rs 4,000 lossed by fire. 14th jan > good's worth rs 3,000 withdrawn from business for personal use. 16th jan > good's worth rs 2,000 distributed as free samples. 18th jan > good's worth rs 1,000 exchange for furniture.

1943

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What is the difference between cost accounting management accounting and financial accounting?

1017

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What are bills receivable?

996

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