Dear Sir/Madam,

Gopal was holding 100 shares of Rs.10 each of a company on which he had paid Rs. 3 an applicaton and Rs.2 on allotment but could not pay Rs.2 on first call. directors forfeited the above share. Share capital will be debited by_____

ANS:500

How to calculate?

i'm useing tally erp multi use edition is their is any procedure to put password in tally for every entry we made in tally so that no one can edit or make changes .

What will be the narration for Cash A/C Debit cash A/c Credit

Thanx in advance

what are the entries of following transactions:-
1. if bank statement shows self and the amount is debited by bank.
2. if bank statement shows by trf. and the amountis credited by bank.
3.if bank statement shows To trf. and the amountis debited by bank.

Dear Experts
plz go through the below mentioned journal entries and suggest me that what value of the sales will appear in the trading account
our company a manufacturer units sold goods on credit to Glaxo Smith Kline Consumer Ltd
and charged excise and vat there on as mentioned follow
Glaxo Smith Kline Consumer Ltd ---a/C Dr Rs 80563
To Sales--------------Rs 74400
To Excise Duty @4%----Rs 2976
To education Cess@2%on excise-Rs59.52
To H.Edu cess@1%on excise-Rs ---29.26
To AP VAT@4%--------Rs 3098.61

what value of sales will appear in the trading account i think it will be net sales value only not the total value of the bill.
Thanks & Regrds
Shambhu Jha

A ltd. provides telecomunication service to B Ltd. Rs. 10000, for a specified periocd.with service tax.& B Do the payment & deduct the TDS


my Q is 'what is the entry in the books of A & B (jurnal entries, for service tax & TDS)


PLs reply asap.

WE have Purchas a Portable HOuse/Cabin for the accomodation of Workers at site, this to consider as assets? If assets in Which Head and what should be the Rate of Depreciation.

And pls give the entry for the following example

Portable House/Cabin 60000

Transportation from the manufacturer to the site 40000

and construction of the base to install the Portable House/cabin 5000

hi everybody,
i am an ipcc student.i am facing difficulty in accounting concepts.can anybody suggest a good accounts book which can help me strengen my concepts in accounts and help me to perform better in my exams.out of hanif mukherji,tulsian,shukla&grewal which is the best or should i buy books written by some other author? very confused . pleeeze help.

WE ARE WHOLSELLERS THRERE ARE ABOYT 1000 CUSTOMERES .WE GENERALLY MAKE SALES ON CASH BASIS BUT SOME CUSTOMER DID NOT GIVE CASH IN THIS CASH WE KEEP A GENERAL DEBTORES ACCOUNT IN WHICH TOTAL OUSTANDING IS SHOWN AND WHENEVER WE RECIVE MONEY WE REDUCE FROM GENERAL DEBTORES ACCOUNT ONLY AT ATH END OF YEAR WE PREPARE OUSATNDING LIST IS THIS METHOD IS OK AS PER INCOME TAX AND M VAT ?

how much time will it take to prepare for accounts without classes