1 https://www.investopedia.com/terms/f/financial-statements.

asp
2 https://economictimes.indiatimes.com/definition/audit
5 https://keydifferences.com/difference-between-accounting-and-auditing.html

TAN- tax assesment number/ tax decduction and collection account number

rent- section 194I

professional- section 194J
commsission - section 194H

income tax - ITR(income tax returning)

tds- tax deucted at source

tcs- tax collected at source section- 206C

duties & taxes- current liability

grauity- means if a employees works for the company more than 5 years certain
amount of money is add to is income
payroll- salary details
OPERATION-9
ADVANCE-14

GST- 1/07/2017
CGST-CENTRAL
SGST- STATE
IGST-INTERGARTED
UTGST- UNION TERRITORY
27
AAAAA0000A 1 or 2 Z 1 to 35
GSTIN- goods and service tax idefication number eg gstin no.(state code) (pan
card no.) (entity) (defaut) (kitne company registed hai utna digit)
15 digit gstin
2=state code *we can register 35 company on
single pan card
10=pan card
1=entity(1 or 2)
Z=defaut
1=check sum digit( registrated company)-1 to 9 but
if 10 company are there it won't accpet the no.10 so 10 to 35 alpabhat is use eg-
10-A,11-B......35=Z
0% dairy product
5% household neccessities
12% computers and processed food
18% hair oil,toothpaste and soap
28% luxury items

GSTR-1= sales
GSTR-2= purchase
GSTR-3=adjustment

receviable= current asset

spayable= current liablity