"Creditors for expenses" will appear under which head and sub head of balance sheet?
Will it be under sub head of "trade payable" or sub head of "Other current liabilities"

Hi everyone,

What does income from District treasurer means which is received from Vadodara and reflected on the credit side of bank statement. What does it means and what will be the Accounting treatment.

Thanks

Hi,
I have an ICICI bank statement in my hands. In that I came across EBA charges as Prime subscription, prime upgrade pay in, SEP and NSE. Can anyone explain me what are those EBA charges and what will the accounting entry in Tally Prime for the same.

Thanks and Regards

Please give an examples of Revenue recognition of Construction Comapnies

Mr.K has paid new EB line deposit for his agricultural land. Is it is added to fixed asset value directly? will it increase the value of asset?
How to post entry for this

Dear Sir,
I have created Insurance under deposits as it give a return without any fluctuation, but my friend is arguing that it will come under investment.
I have a major confusion regarding Insurance, that whether it comes under deposits or investments.
Kindly clear my doubt.

What is the treatment of preoperative expense under IFRS

Hello
Could you please suggest what will be the accounting treatment of one time upfront charges paid to government for purchase of industrial land on lease , Annual lease component is separately shown in the compensation charged by the government...?

We are running a school, paid fee to Govt for school recognition fee, under which head we update in tally direct exp or Indirect exp . Whether we consider it as rates and taxes under indirect exp.
Pls helpus

Should i show and depreciate Windows operating system purchased with office computer with tangible fixed asset block along with computer value, or do i need to show it separately as intangible asset? My confusion is because income tax act group "computer including computer software" under tangible asset but as per AS10 and AS26 they should be shown separately.