Could anybody please help me to understand.

What is the exact procedure or process flow of Accounts Receivable?

Thanks

Dear experts I got data from last year for tds payable in balance sheet.. But I m not sure for that figure. Is it actually figure or not. So I want to know the actual balances of return filled. How I can get it please suggest for the whole process. Thanks in advance.

AS 21 specifies " Only the notes involving items which are material need to be
disclosed. Materiality for this purpose is assessed in relation to the
information contained in consolidated financial statements. In view
of this, it is possible that certain notes which are disclosed in
separate financial statements of a parent or a subsidiary would not
be required to be disclosed in the consolidated financial statements
when the test of materiality is applied in the context of consolidated
financial statements.
Additional statutory information disclosed in separate financial
statements of the subsidiary and/or a parent having no bearing
on the true and fair view of the consolidated financial statements need not be disclosed in the consolidated financial statements.
An illustration of such information in the case of companies is
attached to the Standard." Should notes pertaining to AS 15 be disclosed in consolidated financial statements? In what way does it have a bearing on true and fair view of the consolidated financial statements?

our company has a profit as per books of a/c is rs . 50lakh. but in income tax there is loss of rs 1100 lakhs due to deduction u/s 35AD. I have a quary whether this will be create deferred tax assets or deferred tax liability. please substance your answer in details.

Hi
any body can help me how to account discounted cheques from banks pls provide me the journal entries

Thank you

can any body share to me the Depreciation calculation Excel sheet for Assets and Furniture in a partnership firm

Dear Experts,

I have a CC A/C in Central bank. i have made CC A/C. in Bank O/D A/c. under the head of Loans(Liability side of my BS).
Is that correct as per rule? if correct ,then how it is the different from regular bank a/c.


thanking you

Hi,

Our Company is production of film in that we received bill for food provided to main artist to maintain him by village person let me know in that case TDS is applicable or not if yes let me know % and rule

salary entries with pf/esi/ptax deduction

we know that , dividend is proposed before AGM and declared after AGM , so, will the entry before AGM and before closing books be- p&l a/c Dr.
to proposed dividend
and then next year if declared same then
proposed dividend a/c Dr.
to dividend payable a/c
please answer !