is profit an asset or liability?

packing material in which head i will take purchase or indirect expense...............

Dear all

Ple give me knol. about avialment of service tax rebate throw excise duty



Clare throw expamle


Thanks in advanced

Deepak Gagrani

pls tell me what is balance sheet finalisation? which process should I follow to finalise it?

In CFS, we figure out the changes in working capital during the year.
for eg. where the Debtors have increased, we show it as a (less) item.but i'm confused as to why to show it as (less) because in this case cash is neither coming in nor going out of the business, where in reality 'Goods' are being sold.

we are a firm(distributor & agent). we are having four transport vechiles.we have paid road tax of Rs 20000 on them. i want to know,whether road taxes are taxes or expenses.In our account books,where we should include them.In duties & taxes a/c or indirect expenses a/c.

Dear Sir,

Our Firm is a Partnership Firm.We Have Expend Rs.17000.00 on Diwali Festival Celebaration with Gifts To Partys & Pooja Celebaration.Our Ac is in Tally pleases say all the Diwali Expenses what Ac should I Debit for Cash.Please guide me for Proper Expense Head.


Regards

I WANT TO ABOUT CA-FINAL EXAMS THAT IN FINAL EXAMS, FULL IFRS IS TO BE ASKED OR JUST COMPARISION WITH ACCOUNTING STANDARDS IS TO BE ASKED?

WE billed August 2009 for 2 candidate recruitment fees but one candidate left job . we have to raise only one person recrutiement fees; we already file the service tax return can we change bill or issue credit note

i requested you if u submitted their excel files such as income tax, pf form 12a, ESI, SERVICE TAX Etc. please do not protect it and do not create a password...isse better hai ki aap log file submitt hi na kiya karo...

plese do the needful.....
regards
saurabh