If we are deducting payment from commission payable to a individual, it is necessary that in the books of accounts we need to credit ( creat leder of the individuals ) or can pass entry in sundry creditors

Dear sir
we have sale my stock in june without entry of purchase so i have negative stock in a/c
kindly
tell hw to adjusted

thanks
shiv

Dear Sir

I am Bcom Holder. I am searching for Job only. In Interiew whatever question will ask in accounts sir.
Can you forward the same.
My id:blrbmcs1608@yahoo.com
Mail me or Reply me

Plz help me

Dear,

Employee salary P.tax ESi

X 10000 200 50

Y 11000 200 75

Z 12000 200 100

Please tell me sir How pass entry in tally

Dear Sir,

Our company HR dpt has not worked any system of reimbursements like LTA or Medical Bills of staff in the salary structure of our staff.

On the contrary, the staff wants this system to be included.

For example, if the company wants to introduce reimbursments of LTA & MEDICAL BILLs of our staff in the Salary Structure, how to go about with it?

Suppose, in the exixiting framework, can we include LTA & MEDICALL REIMBURSMENT ALLOWANCE as a part of the SALARY which is presently is not split up?

The Company currently debits only gross salary without any split up of like BASIC,DA, HRA, LTA, MEDICALL REIBURSEMENT ALLOWANCE etc into the staff salary account.

Kindly advise on this matter with examples and also the accounting entries to be passed in our books.

we are selling products on credit basis, if the purchaser gives the amount in 3 days, we give discount of 5%.

My doubt is when should we recognize as sale
1. on the date of sale (OR)
2. on the date of amount received

I think as per AS -9
revenue should recognize when the amount is certain, so we should recognize sale on the date of receipt.

am i correct ?

Which Expenses are capitalised to Machinery A/c.

Respected Sir,

A Propritor of Iron and steel business has purchase cloths from his current Ac debit card.Can it be shown in his proft & Loss Ac or direct to his drawing Ac

Please guide.

Thanks & Regards

sarvesh

why is it that investors make entry for right issue when they exercise the right and not when the right is announced ?

Dear Sir,

i have a company namely XYZ P. LTd. & i take rent office & i make interior & furniture work & also purchase some furniture.in this case i make payment from my company & i claimed this expences in my company p & L