What is the difference between Purchase Order raised for Material purchase and Asset purchase?
Whether Purchase Order required to issue for the purchase of Fixed Assets.? if yes what is the difference between PO raised for Material purchase and Asset purchase?
Hello sir,
please tell me about ESI laiblility is deductable from job work contractor with TDS.
Hi,
Our company has cc account in pnb account. We want to check that bank charged interest correct or not. So how we can calculate interest on cc account.
balance on 30.11.16 67313612/-, our limit is 6.5 crore, interest rate 11.85%, no transaction from 1.12.16 to 31.12.16. On 31.12.16 debit amount 96600/- and credit account 2360000/- in bank statement. What is interest amount for the month of dec. 2016
Dear Sir,
What will be the accounting entries for the following transactions:-
1. Purchased goods worth 44100 and paid cst@2% on it.
2. Sold goods on credit to party for 90000 add vat @6%(90000+5400=95400)
3. Party deposited the vat amount of 5400 via challan to the department
Deducted 1200 as income tax and paid to IT department
Paid rest amount of ₹88200 via cheque
Kindly reply as soon as possible
What the Journal Entry made by a individual in respect of Having Share in others Companies.
Example : Mr X having Share in XYZ Pvt. Ltd. of 35250 Equity Share @ 10 Each.
So what the journal entry made in the books of Mr. X
We had paid Rs. 40250 to our CA ( including service tax ) for the m/o oct 2016 as on 20-10-2016.now I want to deduct TDS on that it comes rs. 3500. I have passed the following entries kindly confirm if I passed the correct entries. 1) Legal & Professional fee Dr. 43750 CA Firm A/c. CR. 43750 2) CA Firm A/c. DR. 43750 To Bank CR. 40250 To TDS. CR. 3500 3) TDS A/c. Dr . 3500 To Bank. CR. 3500 We are not providing any kind of service that why I have not debited service tax amount also tell me do I need to debit the service tax amount or not?
I pay amount of TDS is more than acctual amount for RENT , what I hv to do for excess amount. any solutions can I back of excess amount.
how to study for ca final ... accounts . I clear all subjects with good marks ... it's just accounts I always ... fail in . and in second group it's costing . I need to know how to study ? were m I going wrong ? and which books to study from ? .... I know i lack in time management and stress too nervous because its the first paper. and I've made a tmindset that I won't do it right . need help .
On what head we have to expense the charges for the video coverage for a talk taken for our society. The cost was Rs2500/-
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Purchase order