what is deferred tax liability and how to arrive at deferred tax liabilty?

Dear sir
we have purchased operating chairs & tables for workers who are involved in production inside the factory. is it to be treated as plant & machinery or furniture?
Rgds

Dear Sir's

Please tell me the Journal entry of Income tax

1) when Advnce tax depoisted
2) When Provision Made
3) When Assessment completed and refund received
4)when thers is any demand raised by IT Dept.

Loan settalment se hone wala profit ko P/L account k Credit me Show karte hai?

dear sir i have lot of confuse for partnership firm & individual account. my question:- our firm in 3 partner after closing the year one partner net profit transfer in individual account howz it transfer by cheque or cash..& individual person have a partnership firm so please give information regards this that partner net profit transfer in partnership firm or individual personal return ..& how manage two account individual & partnership firm..its very urgent please help for this .. Hardeep

It would be very kind of the person(s) answering this question:

Is there any mandatory requirement for a public ltd. co. (listed) to obtain confirmation from Micro, Small Scale & Medium Scale Enterprise vendors regarding payment outstanding to such vendors and disclose the same separately in the annual accounts?

If it is mandatory under any act, then the consequence of not complying with the same?

Thanking the person(s) answering my query.

IS IT COMPULSORY TO LEARN PARAGRAPH NO.
THERE ARE SO MANY PARAGRAPH NO. IN AS.

ALSO I WANT TO KNOW WHAT IS MEANING OF RECLASSIFICATION OF INVESTMENTS UNDER AS-13

DEAR SIR
I PAID TO ONE SUPPLIER RS.50,000/- 2010 AND I WILL GET INVOICE ON MAY-10 ONLY. NOW I WANT TO PREPARE TRIAL BALANCE FOR 31-MAR-10.
HOW I WILL ADJUST THIS AMOUNT ON 31/03/11 WHAT ARE THE ENTRIES I HAVE TO PASS ON 31/12/11. PLEASE HELP ME.

Hi
one of my friend is applying for A/P Accountant post. But he said to me A/P accounts only suppliers payables only. but i think it may have all other admin exp payable Accounts will include like salry Telephone exp, etc. can any one tell me what is right?

Hello everyone


I am a bit confused that whether actual variable factory overheads are used both in marginal costing and absorption costing FOR valuation of closing stock (This confusion has been created by different treatments in module and suggested answers)

can anyone help??????