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You are here : Eden News » Archives for Bookkeeping

Salary Calculator

Posted On martedì, 30 Giu 2020 By Redazione. Under Bookkeeping    
Not all types of income are taxable.Read more about taxable and non-taxable income. His gross salary per month is Rs.70,000 while his net-take home is just Rs. 56,000. Any payment received by an employee in respect of any period of ...
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What Is Accounts Payable In Closing Entries?

Posted On lunedì, 10 Feb 2020 By Redazione. Under Bookkeeping    
The assumption is that all income from the company in one year is held onto for future use. Any funds that are not held onto incur an expense that reduces net income (NI). Deferred Tax Liability The balance in a real account ...
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