Answer Posted / rkb

payment entry should be

contractor A/C Dr.100
to Cash / Bank 100

journal entries would be ; 1 %

Contractor A/C Dr.1
To TDS payable 1

What do you mean by gaap in accounting?

1046

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I am a service man.I want to submit my income tax return by efilling.Anybody can help me to do the same with the information to submit the file?

2318

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Tell me what would you say are the most important qualities of an account manager?

960

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Mention what is bank reconciliation?

1178

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Do you know what qualities and skills make an account manager successful?

1096

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What are the methods used in different industries for labor and non-labor costs in Projects.

2042

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Are there any questions you would like to ask?

1188

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where to show Preliminary expenses except "Statement of changes in working capital" in Fund flow statement?

4182

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dear i want basic a\C's oriented question. these are asking in mostly all mnc companies

1945

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

1169

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How do you prepare mis reports?

1085

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Recent banking question for 2015 interview for scale2 exam of sbm

1833

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how to do asset appreciation in sap?

2734

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In a housing society accounting if a defaulter having dues consisting of principal amount and simple interest, pays a part amount whether the received amount should be adjusted first against the interest dues and accordingly reduce the balance principal dues or adjusted only against the principal amount, allowing outstanding simple interest to contineously increase/

1645

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Particulars Dr Cr Capital 10,000 Machinery 3000 debit 2500 1400 sales - 14,500 drawings 900 purchase 9500 wages 5000 bank 1500 Opening balance 2000 rent 450 salary 200 carriage 150 total ___________ _________ 25,900 25,900 ____________ ________ how to find closing stock as on 31st dec,1998. wages outstanding 200/- sunnery expenses outstanding 100/- rent prepaid 100/-

1900

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