whether cash back received to be adjusted with with drawing in the case of expenses for personal purposed.
Dear All,
I want to surrender tally in of my syste, then Iam uloading this one to another system.
whether InHave to take back up to restore in second system.orthe data atomatically will come
Thanks and Regards
Lock in period,
Term period,
Please reply
what are adjustment entry at the beginning of the Financial year to be made generally books of accounts.
why term is used vendor instead of Trade payable or Creditots in corporate.
what is meaning in LLP and Partnership firm while preparing partner capital
Contribution
Drawing
Please reply.
Advance paid for capital expenses but some part paid is irrecoverable, after receving services or material.
what will be the treatment in accounts
Sir/Madam
Can you suggest me under which head it should be capitalized??
Under Building or office equipment head??
A four wheeler vehicle is registered in the name of Pvt. Ltd. Company 'X' and depreciation is claimed every year.
Due to some reasons the above vehicle underwent for repairs and maintenance and the invoice amount was Rs. 2.73 lacs and this invoice amount was paid through Bank transaction by another Pvt. Ltd. Company 'Y' due to shortage of funds in Pvt. Ltd. Company 'X' .
One of the Directors in both the Companies is the same person.
How to pass the entries in books of account for the above payment of Rs. 2.73 lacs in both the Companies .
Any implication as per Income Tax Act and in reporting.
Plz clarify.
How to make journal entry of secured loan in the case of company.
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Whether cash back received to be adjusted with drawing