1. Whether salary paid to partner will be shown in P & L A/c or Appropriation account.
2. Whether provision for tax will be made on gross tax payable before TDS or after it.
3. whether to show paise in the books of accounts.

Please provide on some reasonable basis such as Law or act etc.

please provide me the detail of making bank LC and why its made kindly explain

could you please provide me the detail of statutory register maintain by the company

hello friends

i have accounting firm.i am providing accounting services to my various clients. can i take this fees from clients as contract so my tds will be @1%. instead of 10% as a professional charges.

please help me.

can anyone tell how to create and begin wid tally?

HELLO EVERY BODY,,

MY Q. IS :-

1. COMPANY IS GIVING CASH TO HIS EMPLOYEE
RS. 100000 IN ONE MONTH FOR PURCH. AND
EXP. THAN HOW TO TAKE ENTRY IN TALLY
ERP 9 .
IF HE PURCHASE FOOD ITEM ( GROSSERY )&
PROVISION AND SOME OTHER EXP. LIKE
WAGES , MISL. ITEM , REPAIRING ITEM ETC

PLEASE ANY ONE TELL ME HOW TO TAKE ENTRY IN TALLY ERP 9

Q.The assets of ABC ltd.consists of fixed assets & current aassets while its current liabilities comprise bank credit & trade credit in the ratio of 2:1.The following figures & ratios relating to the co. for the year ended Dec.2010 are aavailable:
Share Capital Rs.199500
working capital Rs.45000
gross profit 20%
stock turnover 6
average collection period (2 months)
current ratio 1.5
quick ratio 0.9
reserve & surplus to cash 3

Required: Balance sheet with computations.

What is the difference between financial lease and hire purchase agreements?

this is a questio in icwa.

depreciation under slm for YE 31.03.2010 - 100 lakh

depreciation under wdv for YE 31.03.2010 - 200 lakh

excess of depreciation for earlier yrs calculated under wdv over slm 500 lakhs

the co. wants to change the method from slm to wdv,

decide how the dep. should be disclosed in the FS for ye 31.03.2010

i m new in accounts . need entry for following transaction.

i ve ebook of A -
terms is outof total sale 50% share is A & 50% share is our . pl. help me for accounting entry .

e.g. Rs. 5000 total sale so Rs. 2500 is a share & Rs. 2500/- is our commission