CA Atul Aggrawal
24 December 2021 at 14:47

Proprietor Ship firm BALANCE SHEET FORMAT

Is there any format of Balance Sheet of a proprietor Ship firm is Prescribed under any authorities ?
Should I write "Note" or "Schedule" in Balance Sheet of a proprietor Ship firm ?


Santosh
23 December 2021 at 18:22

Group Name Busy Software

Dear Sir

Proprietor has been dead and his capital Transfer ( dt. 31.03.21 ) to His both Sons MR. X and Mr. Y under HUF account equally Rs.1246243/- Please suggest in books of account In which group i crate the ledger of Both sons


Pradeep Tiwari

Hi,
Dear Experts please help on can be do transections between two different companies where is same director/partners have share holdings. transections like
-Payments on behalf of each other .
- Sale-Purchase.
-Payments of Govt dues etc.
Kindly help & provide the section of Income tax if possible.


Kollipara Sundaraiah
21 December 2021 at 09:48

Equipment and assets show in h.o. or b.o.

Sir,
A person maintained a private hospital two places single proprietor.purchases of medicial equipment and other fixed assets payment through on head office place bank account for assests used for branch purpose
Question:
A person total assets head office and branch office value amounts shown in h.o. account books only or separately transferred to b.o. is corrected procedure.


Daya

What is difference between Trade payable and Expenses Payable while making Balance sheet as per schedule VI of Balance sheet.


satya durga prasad koripalli
18 December 2021 at 11:44

Receipt entry from General Insurance

Sir,
I am Newly join hospital industry please suggest as follows

When received the Amount from Medical Insurance Claim from Insurance company of One Patient Total Bill amount of Rs. 100000/- details as follows

Receipt of Rs. 75000/-
Deduction : - MOU Deduction of Rs. 10000/-
disallowed of Rs. 5000/-
TDS of Rs. 10000/- (10%)
Please suggest the Receipt Entry
Durga Prasad
New


Suhasini Lad
16 December 2021 at 14:58

Air Flight tally entry

Hi,

I have an invoice from makemytrip. I don't know to pass an entry in tally ERP9. I invoice the Fare Charges are 4316/- , makemytrip service fees are 245.76 and GST is 18%, which is on Service Fees. The total invoice is of Rs.4616/- which includes Rs10/- as donation amount.Should I consider it as IGST 18% as the flight travelling is from Mumbai to Hyderabad. Our is a proprietory concern


Sanjeet
16 December 2021 at 12:14

Death of Proprietor Capital account

Dear Sir

Kindly advise for entry in book of accounts. Proprietor has been death in Feb 21 His capital value Rs.3421000/- in shown in books. Rs.642000/-in March 21 adjusted with fixed assets and rest RS.2779000/- transferred to his A,B, & C, Under( HUF account) sons equally. in current year Son Mr.A is the proprietor of same form. But in books of account in which group i create the ledger of Sons Mr.A,B,C


Kollipara Sundaraiah

Sir,
A doctor maintained a private nursing home some health services provided and different doctors working in hospital.
Example: fees collections from health services for different doctors rs:20 lacs after bill sanction amount nursing home bank account credited.
Question:
1.fees collections amount another doctors (consulting and treatment charges)payment through on cash mode allowed in it act.
2.food and pharmacy and travelling expenses amount of payment through on cash mode allowed in it act.


Sanjeet


Sir,
A person has working a school private teacher earning salary Rs.9000/- and some tution fees and some FD interest but annual income is around 225000/- They are also preparing for the govt. Job if he can file income tex return or suppose he got chance for govt job can income tax filed return become an obstacle in the way.
Please suggest







CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 14 March 2026
Article Trainee

N N V Satish&co

Hyderabad

CA Inter

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details