what is type of incidental expenses while booking Fixed assets in books of accounts.

Hello, my client's father is no more and my client is continuing his business in his own name. Can my client merge his father's balance sheet in his name. Is there any legal process. My client has a sister and mother. Is there any rewuirement for taking consent from Sister and mother?

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Can you please help to give example of one entry each of sale and purchase transaction for delivery trade.I mean which account to be debited and which account to be credited.

what is difference Between Gain or Profit.

what point should be kept in mind while maintaining FAR ( Fixed Assets Register)

HELLO SIR

MY FIRM IS PARTNERSHIP FIRM AND FEW DAYS BACK I BOUGHT A NEW CAR WITH PERSONAL (PARTNER) NAME. SIR SOME PAYMENT OF CAR WE PAID FROM FIRM BANK ACCOUNT AND SOME PAYMENT WE MADE THROUGH BANK LOAN. BUT BANK LOAN IS PARTNER NAME NOT FIRM NAME. HOW WE MADE ENTRY OF THE SAME IN OUR ACCOUNT BOOK. KINDLY CLEAR MY ISSUE EARLY AS POSSIBLE.
SIR PLEASE TELL ME CAN I ENTER THIS CAR AS A FIXED ASSETS IN MY FIRM BOOKS ? IF YES PLEASE TELL ME HOW I CAN ADJUST PAYMENT IN DEALER ACCOUNT WHICH I PAID FROM MY FIRM BANK ACCOUNT AND THROUGH BANK LOAN ?

when an Auditor can require balance confirmation ledger.
or under which AS says the auditor can require balance confirmation ledger.

what is accounting group of preliminary expenses as per new balance sheet scheduled.

Dear All,
I want to know when the purchase entry is to be made for purchase invoice received late or suppose we have forgot to enter the invoice. For e.g. If suppose we have a purchase invoice of April month, but we forgot to enter it in April month and we realized it in the month of June. So my question is, the current month is June month in which we realized that we haven't made the entry which was suppose to me made in April month. So can I entered it in the month of June for the April month. I mean to say If suppose the invoice date is 20-04-2022 and we realized it on 06-06-2022, so can I entered it as dated 20-04-2022 or should I consider the date as 06-06-2022.

Please clarify, a great confusion.

Thanks in advance

A new hotelier is willing to obtain overdraft of 10 lakh for managing his working capital requirements, but hotel business will have less stock as they are perishable in nature, also the debtors and creditors will also be less, bt they require huge sum for managing their operating activities. Can u please guide me to prepare a project report for this