hi,
we are importing material from nepal and paying CVD now i want to ask you, Can i include this cvd into rawmaterial cost or show this in seprate ledger under direct expenses.and same with the freight inward.

HI
I need to submit bank stock statement every month to my banker, what is the importance of it.

How to calculate and show it
is it Purchase - sales = stock.
Suppose i have done 10 lakhs purchase and 5 lakhs sales then my stock will be 5 lacs or any other calucation is involved.....

SIR
Here is one term along with its definition

Ratio Of Receivables To Current Assets:
Receivables as a percentage of current assets would reveal the size of receivables in current assets and the opportunity cost associated with it, higher the percentage and higher is the cost of carrying the receivables.It is therefore desired that a firm needs to carry the least percentage of receivables as possible without affecting the sales volume

Can you please help me in this with example?? Please

why dose closing balance not cite on trail balance, what are the reason, why dose it is cite on balance sheet assets side since it is Cr. balance

I am B.Com passed with having 4 yrs accounting exp., so now i planned for correspondence MBA from any institute . So please suggest me is it benefited for my future.


Regards,

Bhai Dupare

Respected Sir,

Our Firm is A Partner Ship Firm.We deal major in Cash Transation.The payments are say Unloading Charges,Various Consultancy chrges.

Please Say how may cash entry can i pass i a day in the books of Firm Ac

How much amount can we pay in cash in a day.

Only cash voucher presented will be ok or bill needed.Some time we dont receive bills but payment are made.

How should be the voucher presented for cash payment by legal way.

Please reply.

Thanks & Regards

1. what should be the entry of due, i mean salary due,wages or any expenses made by company.
2. what should be the entry for transfer, i mean if a company transfd. any amount from one bank to another.

In a company the managing Director of the company also getting the remuneration. Is Company also liable to pay to gratuity to his managing director after retirement?

Please also send me link about the gratuity act if possible.

Please guide me because I am computing the gratuity liability of the company.

Thanks & Regards,
Raghav

Dear Experts,

Mr. X has finalized accounts of a Pvt Limited co with a closing balances of bank & credit cards as per company balance. is this correct?

Co director is using 6 credit cards & Mr. X has shown all cards credit balance under loans liability. is this correct?

What is the correct treatment for the above.

if the books of accounts are audited as per the above practice is there any issue?

pls clarify,

Dear Experts,

Mr.A is director of Pvt Limited and He is doing proprietorship business. My Query, is he is getting director remuneration in Pvt Limited. is we need to show salary received & TDS receivable in Proprietorship accounts if yes under which head we have to take whether as capital or Other income under indirect exp.

Pls clarify.