Dear All,

Please help me if anyone is using Busy Accounting Software. I want to enter a purchase invoice with goods Battery net amount Rs.6700/- on which GST is 28% i.e Rs.938/- CGST and Rs.938 SGST. Also the bill include service,Repairing charges Rs.7300 on which GST rate is 18% i.e Rs.657/- CGST and Rs.657/- SGST.

Please guide new to software.


Thanking you,

wish to purchase residential property outside india , how it will show in balace sheet and prpoerty will give in rent . so please how to show transaction in books of account

Sir,

Can we paid labour charges of cash Rs.30000 labour of cleaning and stiching loading of wheat Rice bags

Dear Sir,

We have buying and sale shares but it's not a main business. please suggest STCG is correct or wrong according to below.
Buying shares.
Share investment Rs. 18900
Expenses Paid Rs.130
Broker CR. Rs.19030.

Sale Shares.
Bank 19780
Expenses 120
Share investment 19900 CR

STCG 19780-19030= 750@15% 113/-

Any loss in partnership firm will be distributed to partner's capital account just like a profit . is it true.

Loss of partnership firm how to distribute among partners, if there are profit sharing ratio is A-50%, B-40% and C-10% and Total loss Rs, 10,00,000
can i pass journal entry , and whether is true or false, please reply
A Capital Account Dr Rs. 5,00,000
B Capital Account Dr Rs. 4,00,000
C Capital Account Dr. Rs. 1,00,000

In an interview i was asked what is your role in finalization how you start your day...what should be the answer to this?

Dear All,

What will be the entry for recharge of Fastag for payment of toll charges. And also what will be the entry for payment of toll charges through Fastag.


Thanking you,

sir

we purchase and sale some shares please suggest entry in books of account is correct or not and how to withdrawal STCG from sale purchase

Purchase entry.

Investment in shares Rs.14325 Dr. ( Investment)
Brokage & other exp. 20 Dr.( Investment)
SBICAP Rs.14345 Cr.( sundry creditors)


Sale entry.

SBICAP Rs.14682 Dr.(Sundry creditors)
Brokage & other exp 18 Dr.(Investment)
Investment in shares 14700 Cr.(Investment)

please suggest how to calculate STCG

Sir
purchase shares 14345/- and Sale 14682/_ Profit Rs.337/- STCG Rs.51 it's correct way

Dear All,

We are an LLP organisation. I have received a purchase bill of December 2021 month in the month of February, 2022. The bill date is 20/12/2021 and received for entry on 22/02/2022. My question is what date should i consider the purchase bill for i.e should i entry in the month of December, 2021 as on 20/12/2021, or can i enter in the current month i.e in the month of February, 22/02/2022.

As far as my knowledge is concern, i can enter it in the month of December, 2021 as i can claim the ITC till the filling of Annual return for Financial Year 2021-22.

Please clarify,

Thanking you.