Dear Sir,
I want to know the treatment of an event.

We received an electricity bill which has got arrears. Such arrears are due to revision of electricity rates of previous two years with retrospective effect. Such arrears are huge in amount which effects my profit. What is the treatment that should be done in my books???

what is service tax ?

Sir, any minor person can be partnership in any firm ?

i want to communicate to bos of ipcc for clearing some dilemma regarding study mat.plz help me for how can i communicate to them.n what are there contact numbers

a company borrowed 500000 cash from bank and used it to purchase 500000 of new manufacturing equip. which of the following items would be increased by the bank loan and equip purchase transaction? check all tat apply. 1. cash from financing 2. notes payable 3. cash from investing 4. inventory 5. total assets

At d end of the quarter a company did an adjusting entry to record the fact tat rs 1000 of prepaid advertising had been used up during the quarter. which of the following items would be increased by this advertising adjusting entry? check all tat apply. 1. prepaid advertising 2. total liability 3. cogs 4. cash from operation 5. advertising expenses

a company received 75000 cash from bank loan tat must be repaid in 3 yrs. which of the following items would be increased by this specific transaction? check all tat apply 1. total assets 2. interest expenses 3. cash from financing 4. total liability 5. interest payable

a company received 100000 cash from issuing 10000 shares of rs 4 par value stock. which of the following would be increased by this stock issuance transaction? check all tat apply. 1. cash from financing 2. dividend 3. long term liability 4. additional paid up capital 5. stock holders equity

At d end of d quarter,a company dis an adjusting entry to record 5000 rs of depreciation on the automobile used by sales force. which of the following items would be increased by this depreciation adjusting entry? check all tat apply. 1. total assets 2. cogs 3. retained earnings 4. depreciation expense 5. cash from operation

a company took delivery of 50000rs of new inventory and agreed to pay cash to the supplier within 30 days. which of the following items would increase by this inventory purchase transaction? check all that apply. 1. current liability 2. stock holders equity 3. cogs 4. cash from operation 5. inventory