If some cleared transaction from Bank not booked in accounts and balance sheet finalized then what to do?
power and fuel should be treated as direct or indirect exp.?
what is the difference between the freight inward and freight outward ?
Dear Sir/Madam
Is PT deduction applicable on Bonus ?
E.G.
Person "A" have been working in a Company from last one year and For 12 Months he got salary @ rs.10500/- P.M after deduction of P.T.Rs.200/-.So he has already fulfill the condition of P.T. Rs.2500/- P.A.
Now the company has declare bonus for diwali based on las year. So company will have to deduct the P.T on bonus or not ?"
i need a favor like how to close all accounts and which accounts mainly affected and what to do for if company gets profit or loss then what to do for that can you guide me further
what does this statement mean....
no company shall pending conversion of FCD's/PCD's issue by any way of bonus??
how to calculate the net worth of a company?
trial balance is a statement which shows the ______ or the ______ of all the accounts.
a)balances , totals
b)debit balance , credit balance
answer: option (b)
but according to me answer as option (a) is also correct since there are two types of trial balances gross method,in which totals of all a/c's are shown and net method .in which balances of all a/c's are shown.
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can anyone clarify this pls!
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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