I WANT TO KNOW THAT I DO TAX AUDIT BY 1ST CA FIRM & MAKE PROJECT BALANCE SHEET BY 2ND CA FIRM. PROJECT BALANCE SHEET IS WILL BY GIVE TO BANK FOR CC LIMIT

my client has land which he was purchased in 1990 for 551008, he sold the part of land for Rs. 10,00,000. how it will be disclosed in the books of accounts and what about the balance part of land?The amount of 10,00,000 was not realised then how can i book the profit on sale of land.

Sir,
while filing tds challan online we have written wrong code i.e. instead of 94B for salary written 94c i.e. taken under contract. now what is solution for this mistake. pls guide - urgent

are these reserves part of the shareholders fund
1.capital reserve
2.capital redemption reserve
3.revaluation reserve
4.sinking fund reserve

what are the possible treatment for outstanding liabilities of the current year in the beginning of next year?

An asset was purchased for rs. 100000 on which depreciation was provided at the rate of 15% on Straight line method. The Written down value of the asset at the end of 2 year is_________????
I got the answer 72250.But my teacher told the answer as 70000.What is the real answer?

Dear Expert,

Please tell me how u confirm (100% correct) that every expenses are done and every provision are made after preparation of P& L A/c. the above question was asked by an interviewer

I am bit confused regarding valuation of closing work in progress and Closing stock in case of construction business. ( flats ) Plz give a hint on this. thanks

Sir

Are the revised schedule VI of Companies Act and XBRL filing both same concept ?

If Yes then can anyone provide me little guidance on these issues ?.

Little Urgent


Thanks with regards

gud mrng dear experts.why closing stock ac wil nt come in trail balance.is there any ac called oPening stock and closing stock ac in reality.if it is there,then what is d entry for closing stock and its corrosponding entry in closing stock ac