My Client a Private Ltd Company have Two Directors & Shareholder Like A & B.
They make a agreement with same company to sold their individual Land to public in installments & Pay to company.
My question is what is the best accounting treatment of above transcation.
Hallo everybody,
As per assesment order if the company is paid tax more than the provision than how to adjust the tax paid amount ?
Is it a prior period item ? if not what is the treatement ?
Dear Experts
Under which head(Ledger) we have to create Entry Tax Paid on Capital good
Cash paid towards travelling exp Rs 6000/- without any supporting bill is allowable.
Please clarify
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want to ask a query Question Of CB/S that came in may 2011.
my Consolidated P&L and minority interest is coming Rs. 73820 and 52680 respectively..
But in suggested naswers of intitute its 72880 and 53620 resp.
I am not able to find my fault.
Plz thake a look at it and tell me whether my ans is also right or not
Someone please tell me how a CC account operates. What is the cc limit, what is the margin and what is the drawing power. Please also explain me the calculation with an example.
Can anyone may help me out in selection of Accounts study material for PCC as i am giving exams from last 4 attempts and got failed just bcz of Accounts most of the time or i can say evrytym?
This was all due to my wrong selection of Accounts cochin classes.
Please help me for restarting my accounts studies at my own level..
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Accounting for land sale by pvt ltd company in installments