we r making only ONE direct payment entry of salary as follows in TALLY
Salary(dept wise) ac DR
To Bank ac
To PF ac
To PT ac
To TDS
Now we want our JV entry to be made without altering the above entry as it runing from april 2010 to dec 2010....
pls suggest us the entry so that we can have proper effect of accounting and pls suggest us if any issues can be raised during audit.
From 1-april-2011 we will follow proper procedure of having two entries one of JV and other payment...but for now pls suggest us with the entry..
Gagandeep singh rathore
CA finalist (student)

while preparing p and l statement what is the treatment of expenses of previous year paid current year and expenses of this year paid in next year and expenses of next year paid this year.


like wise income also

pl. let me know clearly withut any confusion as i am science student i am unable to understand this.

pl give me clear idea

how to treat cross holding in case of merger.

Example:two companies A & B will be merged with Company C

What is the difference between Purchase Register and Purchase Ledger?


Regards,
Devendra Kulkarni

I have acquired fixed asset in 2007 but for the same i received government grant in 2010. I have provided the accounting treatment by reducing from the gross value of asset.

issue is

Whether depreciation on above said asset (after deducting subsidy)is to be provided prospectively or retrospcectively.

Provision for doubtful debts is 1000 &
debtors are 90,000 at end of year,
provision for doubtful debt 1% required, then
the entry
a) P & L A/c Dr 900
To provision for doubtful debts 900
b) Provision for doubtful debts 900
To P & C A/c 900
c) P & L A/c Dr 100
To RDD A/c 100
d) none of these
what is the answer n reason?????
pls rply if any one knws the answer

A/c entry for interest received on unsecured loans

Plz give me some xamples of Plan assets wherein companies invest to provide employee benefits...
(as per AS-15)

What is the account method for BOT project and also tell us about applicable AS, Guidelines for BOT Project.

PLEASE ASK MIS REPORT AND FUND FLOW STATEMENT AND CASH FLOW STATEMENT DESCRIBE AND EXAMPLES.