Kya aise nahi hona chahiye sir
class 12 in 7th chapter miscellaneous exercise question number 9 there is one more way bt according 2 ncert it is not correct bt I thik it's a write ans will u plzz check it once again?
Sir, i received sales promotion (commission) from my principal airtel tele communication company and collect gst, then this promotion i gave my unregistered retailers. In this case what is liabilities will create to pay gst to government? Note that I collect gst from principal Airtel.
Following are the Comparative Balance Sheets 20
of a company :
Liabilities 31-12-12 31-12-13 Assets 31-12-12 31-12-13
Z Z Z Z
Capital 7,000 7,400 Cash 900 780
Debenturers 1,200 600 Debtors 1,490 1,770
Trade
Creditors
1,036 1,184 Stock 4,920 4,270
Bad Debts
Provision
70 80 Building 2,000 3,000
P and L A/c 1,004 1,056 Goodwill 1,000 500
10,310 10,320 10,310 10,320
Additional information :
(a) Dividend were paid amounting to Z 350.
(b) Depreciation of Z 500 was provided for the
year.
You are required to prepare a Cash Flow
Statement.