How much expebditure one co. can put under miscelloneous expenditure head?


Whats the rules of any item putting under mis. expenditure head?

I have a query pl. read it carefully:
A institute is providing some kind of Training & vocational services to students and charging fee from them as follows:

At the time of Registration they are charging: 1000/-Rs. per student (suppose it happens on 25th of april)

At the time of admission: 10000/- Rs. per student (suppose it happens on 15th of May)

On first class: 15000/-Rs. per student (Received on 1st June)(from here the student will get start services)

Then Rs. 10000/- on 5th of every month (in 10 installments)

What would be the accounting entries for each of above mentioned?
Income for APril & May month???

Deffered training fees amount???

Training & Development fees??

Thanks in advance!

In our company books its shown
in Balance sheet closing stock=closing stock of Raw materials,w-i-p,stores spares,Finished goods but in Profit & Loss A/C the opening stock and closing stock shown only the stock of Finished goods and w-i-p why ?

tell me a job work firm has made an entry like this

tolal value 7755/-
5% vat 80% of value 310/-
cartage 150/-
total ----------
8215/-
------------
tell me how to adjust a 77/- diffrence of tax . is it correct sale invoice mathod .

In Balance Sheet Closing stock comprises Closing stock of Raw materials,W-I-P,Stores spare parts,Finished goods etc but in Profit & loss A/C the opening stock and closing stock comprises of what is this is opening,closing stock of Raw materials,w-i-p,finished goods,stores etc or it should be only opening,closing stock of Finished goods and w-i-p.

I have a very basic doubt about Outstanding Liabilities/Provisions.



Normally company provides for telephone, water, electricity, power, tds payable,salary, wages and other recurring expenses at the end of the year for which bills are later obtained.

However only some expenses are provided for as they know the figure approximately .

suppose u do vouchin of Subsequent month i.e. April of next FY, u may find some bills pertaining to March and before. And also these are not recurring in nature. So, shud we find out all those subsequent vouchers and make an OSL/Provision as on 31-Mar-10.

What is the correct way to determine the amount of Provisoion & OSL .?

Pls guide

Dear Experts,
I am a fresher want to know how to pass journal entries in Tally 7.2, Tally 8.1, Tally 9 and Tally ERP versions on
Purchases and Sales.
Thanks for your cooperation.

Accounting entry for recording purchase - for example goods receipt on 30th March 2010 whereas invoice received on 10th April. Please clarify when the purchase will be booked i.e on 30th March or 10th April?

WHAT IS THE RATE OF DEPRECIATION ON TRACTOR AND MOTOR VEHICLE AS PER COMPANIES ACT AND AS PER INCOME TAX ACT.

DEAR ALL,

WHAT IS MEAN BY :-

1. ACCOUNTS
2. ACCOUNTING
3. ACCOUNTANCY
4. ACCOUNTING ENTRY

WITH THANKS

K A K