if i want to purchase fixed assets by taking loan from bank, can you please furnish me journal entries from purchase to payment and their effect in b/s?
Is charging of depreciation mandatory under the comanies act and income tax act on the assets used in a project yet to commence commercial production ?
If a chartered accountant raising bill to client TCS ltd
what is the journal entry
whether due entry have to pass for TDS while
income recognizing.
can anybody solve the query
In our Company, we paid Oriental Insurance to one staff first time now I have to enter in tally for that I have to create ledger for insurance account, under which account it will come. Please guide me.
books of ram shows on 1st jan 2006 furniture rs 20000.during the year a part of the furniture whose book value on 1st jan 2006 is rs 1200 has been exchanged with another furniture by paying additional rs 500.ram charged deprecition @ 10% pa.the net amt of the furniture to be shown in the balance sheet will be?
ans.18478
my ans-18500.
how to get the answer
I don't maintain the stock record, then how can i calculate my closing stock at the end of the financial year, i maintain rest all books of accounts, how can i guess the closing stock and how can calculate my gross profit,,
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
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