Bill for services, Accounting Basics

Assignment Help:

You have been asked to ready a bill for services. What information should be contained in the bill?

Ans) Service Provider's Details (i.e) Organization name and address.


Service Receiver's Details (i.e) Organization name and address.

Details of the service (i.e) for eg: Advertisement charges/Dying charges

Tax (i.e) Service Tax on total chargeable amount and cess or sur-charge on service tax.

And if there is any Expenses or abatements incurred by the service receiver less all those things and determine service Tax and the cess for the balance amount.

 


Related Discussions:- Bill for services

Inventory, 20 hypothetical inventory transactions both sale and purchase

20 hypothetical inventory transactions both sale and purchase

DOUBLE ENTRY, HOW TO DO DOUBLE ENTRY QUESTIONS

HOW TO DO DOUBLE ENTRY QUESTIONS

Why is it more difficult to account for the inventory, Why is it more diff...

Why is it more difficult to account for the inventory of a manufacturing firm than for that of a merchandising firm?

Cash collection as point of revenue recognition, Q. Cash collection as poin...

Q. Cash collection as point of revenue recognition? Several small companies record revenues and expenses at the time of cash collection and payment which may not take place at

Balance Sheet, can you show me a sample balance sheet with retained earning...

can you show me a sample balance sheet with retained earnings included?

Investments by owners, Investments by owners are raise in equity of a parti...

Investments by owners are raise in equity of a particular business enterprise resulting from transfers to it from other entities of something valuable to gain or increase ownership

Basic elements of financial statements, Q. Basic elements of financial stat...

Q. Basic elements of financial statements? Therefore far we have discussed objectives of financial reporting and qualitative characteristics of accounting information. A third

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd