Dear Sir,
I am working in pvt limited company, i want to know the require entry for finalization of account please.
What kind of precaution take in to the finalize the accounts
I AM WORKING A TWO WHEELER SELLING COMPANY.
AND WHEN I PURCHASE A TWO WHEELER THEM I PASSED ACCOUNTING ENTRY AS
PURCHASE 12.5% DR
INPUT VAT @ 12.5% DR
ADD INPUT VAT @ 2% DR
TO XYZ
WHAT ENTRY WILL I DO WHEN I TRANSFER 1 NO OF MOTOR CYCLE TO FIXED ASSETS.
WILL I CHARGED VAT 12.5% + SAT 2% ON TRANSFERRED GOODS.
What is the treatment to be given to stamp duty paid at the time of entering into a lease for rental premises for a period of 12 years. Will be it amortised over the period of 12 years or will it be expensed in the same accounting year in which it is incurred/paid. Under which AS is it specified
Can anyone please tell me where is the posting of Machinery repair expense whether i have to put in Manufacturing exp in trading account or i need to take in profit & loss account & what is the logic behind that if i take Machinery repair expnese in trading account under Manufacturing expense.
waiting your reply....
can private limited company cash on bearer cheque on bank counter
Hi,
Can someone please explain me about the differences between IndAS, IAS and IFRS?
if a director purcahse a machinery out side of india traveling expense called capital expenditure........and my ouestion is if a director purchase a machinery out side of india but he is not able to purchase machine due to not a good quality etc....e when travelling expense called...revenue or capital?
hello.....................
i have taken coachin for accounts in second group of ipcc..but i can't understand anything from that coachin.so plz anyone suggest me the best self study book for accounts(ipcc-group-2).
plz suggest book which should not be advance
& more pratical oriented clearly define everything. i have taken tulsyan book but that is not upto my expectation.
i am working in a company i.e. Info Care India Pvt. Ltd.. but it's incorporated date is 15/06/2010. it was a partnership firm before registering as pvt. ltd. company. my question is that can i transferred all the assets and liabilities to pvt. ltd. company as taken.
What would be the journal entries in the books of branch as well as head office in case payment to the vendor of the branch is made by head office.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Entry for finalization a/c