Accounts QnA - Page No 632

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prasanna

14 June 2014 at 20:05

What is deffered tax liability?

Please explain me about deffered tax liability in simple words.

Anonymous

14 June 2014 at 16:56

Journal voucher entries

Hi

I just wanted to know why Journal Vouchers are passed in accounting software and for which kind of transactions.
Is Journal Vouchers are mandatory or can be altered by some other way.

Anonymous

14 June 2014 at 16:40

Depreciation as per new companies act 2013

Pls give the details of depreciation as per new comanies act 2013 with example.

mahesh

14 June 2014 at 15:51

Name of profit and loss account.

The other day my friend asked me why profit and loss account? it can be termed as profit "OR" loss account na..??
(he further said that there will either be profit or loss so why to call profit and loss account..?)
So any clarifications regarding the above mentioned matter..?
Thanks & regards,
Mahesh.

Anonymous

14 June 2014 at 13:52

Tds on payment of interest on purchases

TDS need to deduct OR Not for Payment of Rs. 1,77,000 as Interest on Credit Purchases by A HUF Proprietorship Firm?

Supplier says, since it is Proprietorship Firm, there is no need to deduct TDS. But I doubt, Supplier want to take advantage of Ignorance of Buyer.

Will Buyer comes under fault if he does not deduct TDS and deposit to Department in such case?

Accounting Home Services

14 June 2014 at 11:22

Meaning

Dear Sir,

What is mean by exceptional item.

Accounting Home Services

14 June 2014 at 09:30

Prepaid entry

Dear Sir,

WE HAVE PAID RS. 300000/- TO BSNL AGAINST BSNL LEASE LINE FEE AS ON 10.06.2014 FOR THE PERIOD OF 08.08.2014 TO 31.03.2015

PLEASE ADVICE HOW TO DO ENTRY.

ADVANCE OR PREPAID

Vijay Kumar Muthyala

13 June 2014 at 22:59

Salaried employee

Hi,

Can i pay salary to employee once a year and deduct tds once a year.

please advise me

Chimanlal

13 June 2014 at 18:54

Expenses

Which type of expenses can be debited without bills ? What is the limit ?

heeetesh chauhan

13 June 2014 at 17:44

Depriciation as per new co act 2013

how to charge Depriciation as per new co act 2013 on existing assets
For example remaining carrying value of the asset is 50% of the original cost and the remaining useful life is zero as per Schedule II, then what will be treatment of the 50% remaining value? Should it be charged to reserves?

Regards