Google business mails purchase
Which Head of Account to be account ?

sir,

Experts can any body tell about company public interest or company public not interest.

Hello Expert

Sir we are a importer. Some shipment of march 2019 release from custom department in April 2019 and Invoice of some expenses relating to these shipment like as shipping line charges were generated in month of March 2019.

kindly suggest to me when theses expenses enter in books of accounts in March 2019 or April 2019(when we book purchase after release of shipment from custom department) ?

What should be the proper accounting head for DSC purchase? I have put is as General Expenses.

Dear Sir

We have issued a cheque to party on today. But it will be clear from bank by Tuesday. Kindly advise how i make the entry in busy.

Thank you

Travelling expenses accounting Entry
Query
If one Company's Director is also partner in another firm.

Another Partner's have travel for business purpose & payment was done by director on behalf of another partner's. Payment done through credit card (credit card register with Director company Accounts)

What entry pass in Director's company account & Partner's firm books of accounts.

our firm 100 % paid in advance by us $ in two installment and goods received after 10 days of final payment.
then what would be the purchase value ?

is value determined by the advance payment date (two installment ).
or value determined by the goods clearing date by the custom i.e. Bill of Entry date .

Sir,

I am a salary person & having a small garment shop as proprietor..
Please advice can prepare balance sheet only for shop accounts or include my salary & Market trading with combined.

Kushagra Pradhan

Dear sir,

Increase in Working Capital means uses of funds

But , How does increase in Cash / Bank means uses of funds ??

Please explain ??

Thanks .

I've been investing in LIC but I'm not showing the same as investment. Now I've received the matured amount back. In case of investment, all are advising to Debit Bank A/c and Credit the investment account and difference amount with Capital Gain Account. But in my case, I've not kept the record of my LIC Premium payments. So I can't credit investment account. In that case, what should be the treatment? Please advise me soon. Thanks.