WebHace 1 día · According to him, the AO had erroneously mentioned that TDS was required to be deducted under Section 194-I instead of Section 194C. The question as to the nature of EDC payment was squarely one of the issues that were required to be addressed by the AO. He had concluded that the same was ‘rent’ as it was in nature of an arrangement to use ... WebAccounting for sales return is mainly concerned with revising revenue and cost of goods sold previously recorded. Account receivable or cash and cash equivalents should also affect whether it is the cash sale or credit sales.

Depreciation is _________ nature Account.

WebThe accounting for insurance proceeds related to losses triggered by an external event depends on the nature and timing of the insured event. Getting into more detail Under IFRS ® Standards, the accounting for insurance proceeds depends on whether a company recognises a provision for the insured event. Reimbursements WebWhat is the nature of provision for doubtful debts? The provision for doubtful debts is an accounts receivable contra account, so it should always have a credit balance, and is listed in the balance sheet directly below the accounts receivable line item. The two line items can be combined for reporting purposes to arrive at a net receivables ... hypertensive cardiovascular disease

Accounting Treatment of Provision for Income Tax

WebMany translated example sentences containing "provision account" – French-English dictionary and search engine for French translations. WebCorrect option is C) Depreciation is the permanent and continuous decrease in the book value of a depreciable fixed asset due to use, effluxion of time, obsolescence expiration of legal rights or any other cause. Depreciation does not … hypertensive chart