Sir,
I record transactions of March month Statement through Credit card have February expenses. How will I record March month expenses in April Month Statement.

Book value of creditors payable in balance sheet is Rs 75000;and adjustment is 30% of creditors payable reduce to the extent of 30% of their book value..what does it mean? And amount of capital reduction?? Please help me out..

Under Loan Licensing Segment in Pharma Industry how is the Accounting done in the books to the company who is manufacturing drugs on behalf of the License holder ? What amount of Sales are booked. What is the difference between Gross Sales Vs Net Sales in Loan Licensing ??

Dear Sir,

Advertising expenditure had incurred in F.Y 2016-17 for our Project which was completed in F.Y 2016-17. But the management was not approved Advertisement expenditure in F. Y 2016-17. Now F.Y 2017-18 that expenditure have approved and said that make the payment . I have deducted TDS for the Advertisement . I have booked F.Y 2017-18 .
is it required to book in F.Y 2016-17 & deducted the TDS the F.Y 2016-17 . We have already filled TDS return 4th Qtr F.Y 2016-17. Management also said that your book the expenses in F.Y 2017-18.


Kindly advice on the same

Thanks

Respected sir / Mam,If in question for accounting for foreign branch , it is asked to prepare trading and profit n loss a/c of a foreign branch of a ltd company , WHETHER WE SHOULD GO AS PER SCHEDULE III or a T shaped a/c?>>and what if required trading n p/l a/c is for both branch and company?

i have found a case during work i.e there is balance outstanding for Rs 20 lakhs due to purchase made by company from USA but company had claimed the quality rebate from importer and have not reduced the balance but now that company has been taken over by the new company and that new company has demanded the same amount. Our company has replied to them but no further reply from the new company. can we write off the balance now or not. is there any legal issue if we write off the balance

Hi , ours is new company , we started in nov2016. No TDS was deducted as no one in tax bracket. For FY 2017-18 few employees are in tax bracket we deducted TDS for them. So is company should file returns every month or quarterly. We paid totalTDS for April 2017 on 4 th may 2017to tax department . But we didn't filed the returns how much a employee we deducted. Should we file now or we can file in first Quater. Pls share your advice .Thanks in advance.

What is the treatment of gas subsidy received by individual? thanks in advance

calculator tricks for depreciation calculation??

dear sir if total sales during the year 2016-17 is 8656189 in then audit is applicable or not .