for example- i sold the goods of Rs.30000 and after 30 days received amount of 25000... that mean party discount Rs.5000. so how to do discount entry on accounting software... remember - bill already send to party.. that mean i never discount in sale bill..... so answer me :)

Hi. my client is real eatate businessmen. and he organize a seminar and programme also. my question is that tds attract on food expenses. whole year payment is 4 lakh?. of one person tds on contract is applicable or not

Sir, There is a little bit of confusion regarding applicability of IND AS and AS GAAP on entities. does IND AS replace AS so far as Companies are concerned in Financial reporting.? Please answer as I am new to the topic IND AS. THANKS.

What Procedures or accounting treatment to do in case of cross investment in associates in respect of consolidation of financial statements under AS 23 ? (i.e. A Ltd. is associates co. of B Ltd. & B Ltd. is associates co. of A Ltd.)

As per IAS 16, when incurring costs towards safety equipment at the stage of initial purchase, the said equipment is eligible to be capitalized. Extrapolating the same situation to an asset already in the books, and an investment made in improving safety standards of the asset due to a safety regulatory requirement, whether to be capitalized or treated as revenue in nature?

For the purpose of consolidation of a holding co. (say A Ltd.) with an associate Co. (Say B Ltd.) , whether Standalone financial statements of B Ltd. should be taken or CFS of B Ltd. ; where B Ltd. has susidiaries (Say C Ltd. & D Ltd.).Please give reasons for your answers.

Dear Sir,

I want to do IFRS Course. Please help me with the link and advice from where to do ?

Searched on google, can't find ICAI link..

Thanks

Regards

Hello to all,
I am working as an account assistant in a private limited company, our company purchased a car worth Rs. 9,73,000 in exchange of old car at 365000 and a bank loan for the rest. after 2 months company apply for its registration and paid RS. 55000 for its registration and Rs. 5000 for its vip number. please suggest me for what journal entries should be posted in tally.
Waiting for your response. and also suggest me whether registration charges are capilatized or not?

Hello sir/madam

at the time of Proprietorship Account up to which limit can i show cash on hand?

is there any problem if cash on hand up to Rs. 50000

hello sir, my query is that which accounting standards indian entities are required to follow? either IFRS or ind AS.