When the proprietor introduces any amount for starting the business, we debit Cash A/C or Bank A/C as the case may be. What if the proprietor brings in furniture, machinery etc. from his own stock? What is the entry to be passed then? And how is the depreciation charged to such furniture / machinery is to be treated against capital introduced?

PF CHALLAN

PF CONTRI (STAFF) 2,778.00
EPS (8.33 % OF SALARY) 1928.00
EPF(3.67% OF SALRY) 850.00
EPF ADMIN CHARGES(1.1% OF SALARY)255.00
EDLI CHARGES(.05% OF SALARY) 12.00
EDLI ADMIN CHARGES( 0.01% OF SALARY) 2.00

TOTAL PAYABLE 5,825.00

WHAT IS THE PAYMENT ENTRY.

when export incentives should be recognised as per AS.

Dear Experts,

i have seeen in a balance sheet Liabilities for Expenses and Other creditors

in liabilities for exp.: showed electric ch payable, employer's contr. to pf payable, telephone ch payable ---such entries
wherein other creditors: showed employees contr to PF, tds payable, vat/cst payable etc...

my question is all are provision entries for 31st march and to be paid in next april so on, so how should i segregate such ledgers (to show in B.S) is there any law for it? please let me know

HOW TO CALCULATE REMUNERATION OF PARTNER SHIP FIRM ? IF PARNERSHIP FIRM HAS ALSO FDR INTEREST INCOME AND THE SAME IS CREDITED IN PROFIT AND LOSS A/C OF FIRM ? PLEASE REPLY WITH EXAMPLE ?

As per AS 17 (Segment Reporting), Interest cost should not be part of Segment Expense. Than Whether Interest cost include interest on Cash Credit directly identifiable for Reported Segment. And Whether Interest on Fixed deposit should be included in Segment Revenue if FD is directly relate to reported segment.

anybody pls tell me that when the ICAI will bring IFRS in IPCC syllabus????

regards.

what is dividend equalisation reserve. what are its requirement in companies act.....

what should be done of reserve in amalgamation in nature of purchase,and amalagmation in nature of merger???hw to transfer reserve in purchaser's book???should be taken in realisation account or nt,in both method??? plss clear my doubt.. reserves effect in detail,plsss some one do reply..

I AM B.COM PASS & PROVIDING ACCOUNTING SERVICE TO MY CLIENT. I MA GIVE MY BILL AS ACCOUNTING SERVICES LIKE ( DATA ENTRY, TDS RETURN, VAT RETURN & SERVICE TAX RETURN) FOR RS. 50000/-.

I WOULD LIKE TO KNOW WHETHER TDS IS APPLICABLE ON THIS SERVICES.

WITH REGARDS

VINOD AGGARWAL
9810833006