DEAR SIR
MY OWNER HAVE DIFF COMPINES. FROM THAT ONE OF THE CO NAME CALLED P.P.C. ASPER THEIR B/S AS ON 31/12/09 SHOWING THAT MY OWNER HAVE PROFIT RS.100,000/- AND THE SAME TIME MY OWNER IS PAYABLE TO THAT CO RS.50,000/-
ON 31/01/10 THEY TRF FROM PROFIT RS.50,000/- TO CLOSE THE PAYABLE(OWNER) AND 10,000/- THEY TRF TO CAPITAL FOR INCREASING THE CAPITAL. NOW MY OWNER HAVE PROFIT RS.40,000/- ONLY ASPER THEIR A/C.
NOW I WANT TO POST THIS ENTRY IN MY A/C. I AM WORKING AS HIS PERSONAL ACCOUNTANT. PLEASE GIVE ME THE JOURNAL ENTRY AND THIS I WANT TO POST UNDER EQUITY HEAD OR NOT.
PLEASE HELP ME.

pls help i m confused
'x' n co. is a ca firm
if the co. recev cheque then in 'x' n co.entry will be
by bank a/c dr
to client a/c
so client will be created under ledger s/debtor but my doubt is that as client is created under s/dr. so my s/dr. will have credit/negative balance.....pls explain

where i shuld make entry in single/double entry
and if the s/dr. is having cr. balance then what about my b/s is it right to have cr. balance of s/dr.
thanx

Respected Sir,

Bank account is openned in joint name.(Jiont Holders)
when accounting individual books of account whose books we have to show the bank account?

hi all

i have passed last year discount received entry for outstading of supplier, but if i want to pay him against that bills for which i have passed entry of discount, what will be the new entry.

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: x-purchasing company
y-selling company
please explain me wht it saying?
the issue of such as amount of fully paid 14 percent debentures inx ltd at 96 percent as is sufficient to discharge 12 percent debentures I y ltd. At a premium of 20 percent



experts what 96 percent saying ? how to deal this?

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(a) Can we take service tax recoverable on full amount that charge by service tax company or as per freight 75:25ratio

(b) wt is accounting treatment of this case

Arvind

Hi
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