ronak
19 September 2016 at 13:41

Entry

Dear sir

i working in llp firm,
here working is internet solution so i need help about the entry when i purchase the service but there is no product so what is the entry on tally
for example: purchase from A party 425 + st 59.50 + sbc 2.13 + kkc 2.13


vamsi
19 September 2016 at 12:08

Accounting standards

Why stock movements are not recorded in accounting books?Why inventory valuation is done as a year end activity? Why inventory is disclosed at Market value or Cost whichever is less? If market value of inventory is less than “cost” how does you record that difference?


anant
19 September 2016 at 11:46

banking co accounts

i am really confused about ..what risk weights are applicable in nov 16 ipcc examination please help me.


arjun singh mehra
19 September 2016 at 08:46

discount

Q1. Ashok purchase goods for rs.1lakh.As per terms, if ashok made full payment within 20 days, he will get a cash discount @2.5%. Ashok paid rs 50k within stipulated time. How much discount will he get?


arjun singh mehra
19 September 2016 at 08:45

nature of account

name the category of account that is not balanced. what is the meaning of balanced in this case.


Jhimmi Singh
18 September 2016 at 21:20

accounts

plz help me I am not able to understand AS-22 ,15and 11 if anyone has simple concept to explain them plz share


Guest

whether the lpan amount transferred to capital a/c or it is directly settled through cash bcoz in ts grehwals book it is said that this loan amount is nottransferred to capital a/c while in dk it is said that kt is transferred to capital a/c so what is the matter


Archit Gupta
16 September 2016 at 22:28

credit note related accounting entry

Dear sir /ma'm I am super stockist of bikano chips pvt Ltd. Bikano company instruct me to pay salary of a company boy.. And against this company issued a credit note to me.... Pls suggest me what will be the accounting entry in double accounting system.


Shankar T S

Dear Sir,
We are a private Limited company with a total capital of less than Rs 10 crores. Kindly advise us if we have to mandatorily appoint auditors for a period of 5 years.
I do not think we come under Section 139 (2) provision because we are not listed company, we are not having any bank borrowings or public borrowings .
Kindly confirm if my understanding of the provisions for appointment of auditors for 5 years is correct. Since we do not come under the provision I feel there is no requirement for appointment for 5 years in one AGM.
Thanks for your reply in advance.
Ranganathan.


Pulkit Jain
16 September 2016 at 12:13

Method of depreciation

Sir can different method of depreciation(SLM & WDV) can be followed at different unit of the same enterprise






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