CA Harish Bollabathini

Dear all

a dairy workning as division of IIMF(micro finance mutually aided cooperative society). A Producer Company incorporated and wants take over that division (assets and liabilities of diary). Please find Accounting Transactions to be made and tax impact for transer.


arun
05 January 2010 at 17:13

loan

sir my firm taking a loan from his partners wife.that time firm has no any account in bank.1 month later firm opening his account in bank. what will be repayment & loan taken entry.


arun
05 January 2010 at 16:20

transfer

sir i have handled two company 1st company having bank a/c and 2nd company not having bank a/c. so iwill payment in 1st companies creditor in 2nd company bank a/c. so what will be transfer entry in our both book.


Rakesh
05 January 2010 at 11:04

Escrow account

Dear All,

Can anyone tell me what is an Escrow account with a good example?




anjali
04 January 2010 at 18:47

account

meaning of depriciation?



Anonymous
04 January 2010 at 17:18

Mobile Phone purchased for Company Use

Sir,

Mobile Phone (4 No.of Hand set worth Rs.14,000) purchased for Company Employees for official purpose. Where it comes ? whether Communication expenses (or) Fixed Assets-Office equipments.

Thanks


Sandeep
04 January 2010 at 16:36

tds on security

R/sir,
i have received on security bill of Rs.15786.00 only sir, pan number not available so as per new tds rate for f-year 2009-10 how much tds deduct from this bill & when total bill amt over s50000.00


DEEPAK BHUTANI
04 January 2010 at 12:36

Travel Agent Accounting Concept

How the accounts of travel agent can be maintained? whether it should be on Sale purchase of tickets or Net commission basis? and for tax audit we have to see gross salas or Net commission


janak
03 January 2010 at 16:43

amalgamation

A ltd & B ltd r going to merge .new co. is C ltd,then J/E to trnsfr assets and liabilities is made ,then difference in Dr. is goodwill. if difference in Cr.is .......?


arun
03 January 2010 at 15:30

reimburresement

if partner pay firm expense his personal account then what will be entry in tally & reimburesement entry.






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