Accounts QnA - Page No 13

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irfan

19 November 2017 at 20:41

gst input higher than out

What in case Gst input is higher than Gst out..... How can we claim....

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Subramanyam

19 November 2017 at 11:23

GST PAYABLE ENTRY IN TALLY

Sir /Madam, any body help me to pass GST payable out - input gst payable entry in Tally

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GURU PRANESH

15 November 2017 at 17:31

Lc (letter of credit) charges and inventory

Dear all,

As per AS 2 - interest and other borrowing cost are usually excluded from inventory cost. Since LC charges (bank charges) are not part of interest or borrowing cost can it be included in the cost of inventory ?

Considering the following, can it be included in the cost of inventories.

1. LC charges as administrative OH and since it contributes in bringing in the inventory to their present location.
2. LC is incurred (to the extent) to bring in the inventories to their present location

Please help to clarify on this.

Thank you

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DIVYESH JAIN

12 November 2017 at 13:30

Senior accountant salary in mid size firm

Dear Sir,

I am planning to recruit a person for my firm for the post of senior accountant.

I wanted to know what is the industry salary rate going on in a mid size accounting firm for hiring a senior accountant position in mumbai assuming the person has complete knowledge of preparing balance sheets of companies and audit.

Regards,
Divyesh Jain

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