Sir,
One of the cloth business composite scheme dealer
1.Sales transactions UPI mode(phone pay and paytam and Google pay) for one day all amounts credited by bank account.
1.sales to customers rs:850/-
2.sales to customers rs:1000/-
3.sales to customers rs:1230/-
2.salaries paid to wife and son rs:5000/- and 6000/-
Question:
1.sale transaction amounts total sales single entry or multiple entry accounting passed in books correct procedure.
2.salaries paid to son and wife business expenses claim allowed in it act.

Sir,
It assessee cash loan to debtor outstanding ledger balance amount rs:50,000/- as on dt:31-03-21.
If assessee rs: 1,50,000/- amount cash loan received from debtor dt:28-09-21 through on cash mode.another date rs:1 lacs balance amount paid through on online mode.
Question:

Above transaction accepted in it act.

Sir,
One of the business assessee purchase of goods from different supplies credited based after payments transactions through on online mode (bank) paid.but assessee some payments through on wife and son bank accounts paid.
Question:
Assessee payment through on wife bank account and son bank account transactions how the show procedure in books.

WE RAISED THE INVOICE AGAINST LABOUR AND FULL FILL HIS MATERIAL AND LABOUR BILLING ON BEHALF OF THE CONTRACTOR AND WE NEED TO DEDUCT EXPENSES AND CLAIM EXPENSES ON HOW TO MAKE JOURNAL ENTRIES.

Sir,
It assessee amount received postal RD maturity received.if a person monthly RD payment amounts (installments)not enter in books.
Question:
1.Assessee postal rd maturity amount credited by capital account in books allowed in it act.
2.accounting entry passed procedure in books.

I am working in IT (Information Technology) company and they have planning outside trip every year for employee's , So can company book trip expenses (i.e Bus Rent, Hotel Rent, Food Expenses) in there books of account. If yes what is the expenses limit.

SIR,
Sec 44ada it return filed assessee outstanding ledger balance creditor and debtor in books as on dt:31-03-21
Q.no.1:
Cash loan from creditor balance rs:4 lacs(name :A)
Cash loan to debtor balance rs: 5 lacs(name :B)
assessee creditor(A) balance amount rs: 4 lacs transferred to debtor(A) account adjustment entry passed in books and remaing balance amount rs:1 lacs cash receipts from debtor (A) received in f.y.21-22
Q.no. 2:
Cash loan from creditor balance rs: 4 lacs (name :A)
Cash loan from another credtior balance rs:1 lacs (name :B)
Cash loan to debtor balance rs:5 lacs (name:C)
assessee creditor(A)balance amount rs:4 lacs and another creditor(B) balance amount rs:1 lacs transferred to cash loan to debtor rs:5 lacs (C) adjustment accounting entry passed in books in f.y. 21-22.
question:
Assessee above mentioned two transactions accounting entry passed in books accepted it act.

Dear Sir, I have taken input of ITC as per GSTR-2B for every month in gst returns. Now i want to change my books of accounts as per my GST return filed. for example - Some Bills raised to me in the month of may 2021 and i have entered those bills in may month in our books but such bills are shown in June GSTR-2B so i have taken the input on such purchase not in the month of may but in june. Now i want to recify my Duties & Taxes ledger as per Gst data filed. Kindly Assist.

Sir / Mam

In a Pvt Ltd co, there is any limit to a director for maintaining his suspense account?

please reply

thanks in adv

SIR,
Assessee maintained single bank account show in books and it returns.but assessee AIS AND TIS information download another bank account detailes mentioned.2 nd bank account transactions entered in books cash balance shortage in books.
Question:
Assessee how to adjustments cash balance shortage in books.