If payment made by partners to pay his personal expenses e.g.personal credit card exp paid, his home mahanagar gas , cloths, food , pmt made to his relatives , his home electricity exp, and other his personal exp by current account then how do we record those expenses meanse under which head.

Dear Sir,

On the purchase of Fixed assets like M/c, we are Dr.it to M/c a/c & Cr. to Party a/c.
Can we show the same m/c in purchase a/c first in Mfg. & Trading a/c & then pass the jv to trf. it to fixed assets.

pls suggest.

dear sir
i wanted to know about accumaleted depereciation ,entry,applicability

Whether expenses incurred on designing of website for a company can be treated as Capital Expenditure and such website be taken to the Balance Sheet as intellectual property like we do for Software?

Is tax payable a current liability or provision??thus is it a part of working capital??

When i put any current assets op. balance Rs. 5000 in tally 7.2, then in trial balance shows diff. in op. balance Rs. 5000.

Have any solution for this problem?

Hi,
Im an A/C exec working in a X company. It a 4cr company. Only 2 A/C personnel.
My manager is on leave due to sickness. No idea when he ll be back.

I need to make sure what all needs to be completed before this March end.

We are a Sales & Services company & most of our purchases are imports.
No exports.
We just paid our Service Tax & TDS.?

Please help me what all i should do next to keep the books accurately till date.

Thanks,
Alvn

Dear sir/ mam,
please suggest me whether i can download tally ERP 9 from the net or do i have to buy it?? please provide me with the specific website if downloading it is possible. I have'nt used any tally software. It will be my first tally software so can i download it??

Thank you

PLEASE GIVE ANSWER TO THE FOLLOWING QUESTION IN DETAIL WITH SUITABLE EXAMPLES FOR MY M. COM EXAMINATION

DIFFERENCE BETWEEN SYSTEMATIC AND UNSYSTEMATIC RISK WITH SUITABLE EXAMPLES

We have paid 100% advance INR 1000000 for import of capital goods on 15.4.2011. We receive the invoice from the foreign supplier on 15.5.2011. for which INR works out to 1,05,000 due to exchange fluctuation. What is the valid accounting treatment?