Dear Sir, please explain me the difference Between Capital employed & Net worth
Sir,
Please attach an excel file contains Balance Sheet & Profit & Loss account for traders,firms in horizontal forms
Thanks & Regards in advance
Hi, M a accountant in a jewellery showroom.
We have a coustomer who make apayment Rs. 1,20,000/-. He want issue the bill in his name but payment made from Credit card of his friend. So, please suggest wat to do..
Pls. help me in preparing the cash flow from the following figures :-
Rs. (in lakhs )
Net Loss (1076.79)
Depreciation for the year 581.61
Interest income 236.65
Interest Expense 11.45
Current assets:- 31.03.11 31.03.10
Inventories 190.52 343.15
DEbtors 46.48 81.60
Cash & Bank 2212.70 2989.57
Loans & Advances 429.37 225.81
Interest Accrued 126.39 76.58
Current Liab. 1748.07 1957.66
hello sir,
I have a trouble with regarding the understanding the IND AS.
My query is while transition of IND AS is there any impact on the profitability of organisation for the year in which transition took place
what do you mean by deferred tax liability and what is it acoounting treatment. how it is different from tds.
pls. also explain the accounting treatment of tds.
what is treatment of advance tax.
I was overcharged by my party in a bill whch cannot be cancelled.. now to nullify the effect I will issue him Debit note..what eill be the accounting entry...
In previous year Audit report one asset is shown as Fixed Asset but it's nature is current.How will treat in current year audir report.
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Difference between capital employed & net worth