A private company- newly formed, doesnot have much transaction in india and therefore no employees. So the company wishes to maintain books of account in US, where they have group companies but not branches of the indian company. Here books of account of transaction effected in india is talked about.

what is treatment of prelimenary expenses according to scedule 3 and new AS.... if in trial balance if prelimenary exp is 5000 and in other information 1000 rs is given as writeofff. then what we should do

ek individual person jo apani itr return filing ki suruat karane se pahale ke last 2 years 1plot purchases kiya tha ye plot iski books of accounting me investment ke roop me show hoga ya fixed assets plz guide me. for sale purpose

what will be the journal entry for payment through credit cards and under what head credit card account will come.

what is non corporate entity?

Manager sent to company's meetings. there he stays for 10 days.he incurred expenses like breakfast, lunch,dinner,petrol & diesel,stay in hotel and many other expenses.we received all bills from him.someone suggest me to pass all the entries in tour and travelling. is he right or I have to debit respective accounts like in case he pays for petrol Petrol & diesel Dr cash Cr Kindly clarify

Director has incurred expenses like petrol & diesol on his on name and also incurred some other expenses on his own name.should we pass the journal entry like we do in business expenses. eg expenses a/c Dr. To cash/bank or should I debit his capital account?? kindly clarify.

hi,
Can any one tell me the reason why i am getting the negative figure in debtors ledger. when i enter Alt+F8 which gives the details of the ledger, I get the figures in negative i.e, the gross total, sales and service tax.


Thank you

1) 26-6-16= Aman Motors purchased Vertical Honing Machine at Rs. 1872000 ivAT 09 4%) from Susmit& Son's. Vide bill no. SS-022. On 26-5-09 Tax author. ities allowed a tax credit of Rs. 60000 to be set off in 12 monthly instal- ments Hint: Enter the above entry in three transactions, first capitalize the full value in purchase voucher then pass a journal entry for the input credit allowed and finally pass a journal entry for claiming the instalment for the month.

Sir, if goodwill is a reputation .. so how we can calculate reputation to money?