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Anonymous
20 October 2018 at 10:05

Accounting of import of goods

Please suggest me accounting entry of below entry of import? Whether it should be recorded all amount of invoice in purchase account (cost of product) or record other cost seprately?

Goods cost 349551.44
Add : Bag fees 6700
Add : Insurance 577.5
Add : Freight 14300
Total Invoice cost 371128.94

Terms of delivery is on CIF basis.


Muskaan Datta
18 October 2018 at 07:20

Bad debts written off in cost sheet

What is the treatment of bad debts written off in cost sheet?


jayesh kathrani
18 October 2018 at 03:11

How to entry in acvountig

We our products sales by delivery company
And delivery company make payment after cut of delivery charge how to accounting.
Please reply sun as possible.

Regard
Jayesh kathrani


kuppusamy. v
15 October 2018 at 22:40

Return filing for asst.year 2017-18

Due to critical situation i could not file more than 10 returns those having refund. is there any possibilities to file the asst. year 2017-18, and get refund. pl. advise me.


AKSHATHA
15 October 2018 at 20:24

Export invoice

I have given Proforma invoice/ quote for international company on September month that day exchange rate was ₹69.40 they have given the purchase order also, but today I have billed (15.10.18). Which exchange rate to be mentioned in invoice??
Please guide me??



Anonymous
14 October 2018 at 19:35

Damaged stock - tally entry

We have received a damaged component/part of one item sold from our customer in warranty period. And we replaced that component with new one. we rectify the damage of the defected item by sending that to manufacturer. How to enter these transactions in tally erp 9. Please suggest.



Anonymous
14 October 2018 at 08:12

Ewallet credit entry

How to enter transaction in tally when you recd credit from ewallet ( Paytm) directly got credited to Bank account.


P MURUGAN
13 October 2018 at 17:32

Staff welfare expenses

A bakery and tea shop whose get GST registration and provide tea and snacks daily to the their employees at free of cost. There is no cash in and out. on the other hand stocks ( for trading purposei.e Tea powder and Sugar and snacks ) was goes out. What is the accounting treatment for this transactions?



CA Shravan

One of my client which is a partnership firm has to partners. due to heavy loss in the first year itself both their capital account became negative after transferring of loss to their respective capital account. how to show both capital account in balance sheet and accounts and whether it is allowed under Income tax and any other issues relating to it. the firm has bank loan

thanks in advance. waiting for your reply


Amarnath
11 October 2018 at 19:52

Depreciation

what is the depreciation rate for mobile phone for business use?






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