One Raw and Packing Material Purchase for Research & Development but i can't Understand this Material Purchase or Expenses please suggest me


Thanks

Surendra Singh

Hello Sir,

In a partnership firm there is three partner and they withdraw 20K each for every month so please tell me how i will do entry
will i pay remuneration for every month?
or
will i adjust it end of the year as drawing?

and please advise how i will do entry in tally

Whether Goods delivered but not billed can be shown as sales at year end ? Please provide reference from AS 9 or elsewhere.

My client is private limited comoany, He wants to issue shares to key employees

Please suggest what are the procedures and accounting treatment

Thanks in advance

DEAR SIR
I HAVE PROBLEM WITH VENDOR A/C WE ISSUED ONE PDC CHEQUE FOR ONE SUPPLIER AND I MAKE ENTRY
SUPPLIER A/C DR
TO
PDC A/C
BUT MY PROBLEM INSTEAD OF DEBITING SUPPLIER A/C CAN I HAVE ANOTHER OPTION BECAUSE THEY KEEP THIS CHEQUE PDC IN HAND AND OUR A/C IS NOT TALLY ONLY BECAUSE OF THIS . PLEASE HELP ME.

Dear Sir, Let me know what is office expense & which expense grouped under office Expense ?

If a society is getting the construction material as well as labour in donation partly. how to capitalise the building ????

Dear All,

Need to confirm if expenses booked under the head Repairs & Maintenance are only for expenditure done on fixed assets owned by the organisation.

Please revert urgently...

Sir i am very confused about the standards. what is exactly the Accounting Standard, IAS, USGAAP, IFRS.
These all are the accounting principals used to prepare the financial statements. But i am totally confused what should i (as Indian citizen) read.
Which form of standard is applicable in India right now.

OUR CLIENT HAS INCURRED EXPENSES (EG. CONSULTANCY FROM THE EXPERTS) TO GET SUBSIDY FROM THE GOVERNMENT IN RELATION TO POWER PROJECT. WHAT WILL B TREATMENT OF THE EXPENSE I.E WHETHER TO REDUCE THE EXPENSE INCURRED FROM THE SUBSIDY RECEIVED FROM THE GOVERNMENT OR TO TREAT AS REVENUE EXPENSE OR TO CAPITALISE THE EXPENSE TO THE CAPITAL ASSET.

THANKS IN ADVANCE