Dear Experts,

we purchased Equipments (capital A/C)
we paid first advance: 350075/- (By Chq)
Second Advance: 310887/- (By Chq)
after delevery the Equipments we paid full and final amount of Rs. 1977663/- (By Chq)how to pass the entry in tally 9

Thank you.

Reddy

Where are the sales made subject to approval showed till they are actually approved by the customer?

Hi Experts,

We have purchased a vehicle for office use i want to know what is the entries ihave to pass in tally9.

first payment 235964/-
installment 16029/-
amount financed 443040/-
36 installments

thanks in advance.

Please clarify whether the expenditures as detailed below can be capitalized?
1. Tally software purchased
2. Additional stabilizers purchased for A/C units

Hi..

Will loan processing fee and bank commission will capitalized if its related to credit facility which is taken for acquiring office premises

Please let me know.

Thanks,
Prashant

friends i am an accountant of a real estate comp with share cap one lakh and cash bal one lakh my company was incorporated in the year 2003 but was defunct till sep 2009 later regularised and now opened the bank a/c in the name of company director funded and completed the land developement and sale of plot is also in procee but in our books no land we want to bring land in the company books belonging to the director what is the accounting and tax impact

i have invest ment portfolio managed by HDFC AMC please telll me how to pass entry

Statutory Liability of Employer to enrol themselves for Provident Fund -minimum requirement of 10 empoployess or 20 employees.

hi....
I would like to know how to account for the food bought for directors in the afternoon? will it be staff welfare? will it be taxable in their hands?

I would also like to know the accounting entry for electricity bill reimbursed to directors for their apartment.

hi...

I would like to know the accounting entry for payment made through self cheque. Is the following entry correct?

Cash A/c Dr.
to Bank A/c

Expense A/c Dr.
to Cash A/c

We have to route it through bank A/c?