Answer Posted / arun k sharma

This will not recorded in the books of accounts because as per Business Entity Concept transaction are recorded as per Business perspective not as per Personal.

IF ONE SUB CONTRACTOR GIVE US BILL OF RS.120000 FOR APRIL,RS.110000 FOR MAY & RS.180000 FOR JUNE WITH LABOUR CHARGES INCLUDING VAT @12.5%.HOW MUCH AMOUNT SHOULD WE DEDUCTED AS A WCT TAX?

2212

---

Mention whether the account "cash" will be credited or debited when a company pays a bill?

1202

---

Please explain the difference between provision and reserve?

1064

---

how go make jaggery sales and purchace bill in tally 7.2,jaggery lumbs comes in different weight not fixxed weight and i want stock in lumbs and bill amount in rupees (exp.lumbs/weight/rate/amount-1000/102.50/2500/256250)

2005

---

Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?

1580

---

When we received payment from creditors

1696

---

Is an "account receivable" and "goodwill" real accounts in accounting?

1021

---

my interview is on tuesday so i just want to know everything about the interview like which type of question they will ask me as i completed m.com . please helm me plz plz

1381

---

What is accounts receivable?

1162

---

ABC LTD IMPORTED GOODS FROM USA FOR $20000 ON 1/1/11 AT A EXCHANGE RATE OF RS.47.55. THEY MADE A PAYMENT OF $12000 ON 15/1/11 AT A RATE OF RS.45.95. BALANCE PAYMENT WAS MADE ON 25/1/11 AT A RATE OF RS.49.10

2512

---

What is the purpose of accounts like e.g. expense accounts assigned a account number 0040, principal account assigned anumber 0060.In our general ledger software such numbers are assigned.I want to know how these numbers (accounts) help in maintaing accounts of a company (like bank reconciliation).

1950

---

Define retail banking?

1152

---

Explain what qualities and skills make an account manager successful?

1155

---

TDS %AGE ON CALLIBRATION CHARGES BILL

2113

---

what type account are below Debentures Bank overdraft

1937

---