#71
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How did you manage audit fee (9,000) trade expense (9,000) and bad debts ........... you have missed accurate format approach of these figures !! |
#72
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will some one show the debit side of P&L account ? please . i am solving these past papers for the upcoming attempt ... !! kindly participate in this thread !!
__________________
Rabbana zalamna anfusana wa in-lam taghfir lana wa-tarhamna la-naku-nanna mina-al-khasireen |
#73
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I think you are talking about Director fees, that I considered as administrative expense.
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#74
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#75
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Quote:
Q7 2013 Basic salary 312000 medical allowance 42000 10% of salary exempt 31200 10800 bonus 8000 house rent all 192000 less:zakat (5200) taxable income 517600 agricultural income totally exempt kindly correct if wrong ill be grateful |
#76
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2013 Q#7
taxable income 517600
__________________
its not what's outside but what's inside that takes you to the Top...:) |
#77
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Actually, i took medical allowance as 35,000 whereas it is 3,500 If you can look at question paper the comma is given after two digits thus at first look a person presumed it as 35,000. |
#78
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if someone solved the paper I, 2010 kindly post the P & L account of the question.
__________________
its not what's outside but what's inside that takes you to the Top...:) |
#79
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past papers
Aslam o Alaikum please somebody attach the link of accounts past papers of last 10 to 15 years, I'm unable to find.
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#80
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You did not adjust capitals of old partners
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