Resp. Sir,

1. We bought ASSET and by oversight have utilized EXCISE full (100%) for OCT 1617 and file ER1.
2. Now we wish to return it 50% passing JV.
3. Please let me know how to pass JV Entry in the books of accounts in NOV 1617

For example:

Dr Cr
???? A/c 100
Excise (Cenvat) A/c 100


Please advise

Regards

I have textile wholesale business and havinga hefty cash amount in my daily cash book not deposited in bank ac..of navratri,diwali,and coming marriage seasons..I maintain all Ac's properly, and last year's Ac's are properly furnished, audited,and returned in income tax department..which had been cleared...I want to know how I now deposit the cash in bank..in one step or more, and is any limit on amount...pls help me..

Hi im a ca final student cleared with one group n have given exams of the other one n hope to clear dem ..!!I wish to become a professor or lecturer in a commerce college wht all do i need to do for that.!! Im a graduate with 53 marks in total..!!Thanks

Dear to All,

I got problem regarding Govt of India banned 500/- and 1000/- notes and facilitate withdrawal amount per day not exceeding 2000/- , My doubt is if i have a Company how much amount should withdrawn? limit per day 2000/- is applicable to Current account also or not

When should we create provision of Gratuity?

Dear Sir,
i have query regards depreciation rates sir what rates of depreciation should considered for accounts finalisation is it consider rates from companies act or income tax act and sir accounts finalised statement profit and loss profit and it computed profit both are should be difference or should be same and
thanking you in advance

I have building materials supplying trading . I am taking still 500 and 1000 not due to not convenience of customers. what the effect if I deposited all this amount in bank current and saving account. what to do to avoid future contingency. plz reply

What is the logic behind non applicability of lease of land,patent, motion pictures and video recordings under AS 19. since its accounting treatment is not specified under AS 19, how lease charges of above needs to be accounted. whether any other AS applicable on same.

I am a Retail trader. Most of my dealings are by Cash. The amount received in account of Sale , i deposits in my firm's Bank current Account. So i would like to know that Shall i collect 500, 1000 from the customer, and can i deposit in firm's bank current Account ?

Sir/Mam,What should be the treatment of preliminary exp. , provision for doubtful debt and other such items in balance sheet . Either we should adjust them or show in balance sheets?