Dear Sir,

Whether stand by equipment which is ready to use but not in use can be capitalized under Ind AS 16 or not.

Is there any requirement of writing a note in notes to financial statements with respect to Revaluation of assets in the years subsequent to revaluation ? If Yes, what is the note to be written ?

In the b/s of march 16 an autosweep a/c was not shown but during the p.y 16-17 its closure are received and interest is also received during the year and tds is also deducted on it.
Plz tell me how its accounting would be done now??
M not having the previous year data.

Transmission amount received in tally under which Head?

MY DJB BILL 5000/-, At the time of expense booking i booked below entry. Please tell me is it ok or not and how to treat with DJB A/C

Please reply fast

water expenses --dr
water expenses payable --cr

If i have sold an asset during the year 2015-16. Then while preparing Depreciation chart for Balance Sheet for the year 2016-17 purpose whether to show Gross Value and Accumulated Depreciation of such asset?Ultimately showing nil value of such asset just asking way of presentation

Dear Sir/Madam,

we are paying monthly rent 50400/- & Invoice amount on Rent is 55,000/-(Including Service Tax),we are deducting TDS 4800/-,Basic Amount 48000/- & Service Tax 7500/- how can i pass journal entry in Tally.

Dear All, I want to minimize petty cash balance without bills. Can anyone suggest how it will happen.

ABC Company has a present level of sales of Rs. 50,00,000. The firm plans to change its credit period and estimates that the change will result
in increased sales of Rs. 5,00,000. Given this information, how much will be the potential addition to profits on account of the enhanced sales
assuming the ratio of variable cost to sales to be 0.85

Dear Experts
The Proprietor baught digital signature for GST registration process in rs 1500 cash and also paid 3500 rs to Advocate for GST migration in cash. I want to know under which expenses head should these expenses booked and please also passed journal entries for this