Transfer premium received by housing societies shall be considered as balance sheet item or income and expenditure item ???

please tell me what is petty cash imprest and non imprest system (with the suitable example ) and also how to verify petty cash during audit with the help of these system.

one company had purchased a policy for leave encashment and retirement benefit policy . Every year company has made payment/ deposit the fund for above policy after adjusting of interest and at the end of the year LIC has credit the interest in the policy as per their deposit fund. This company has treated interest amount in the profit and loss as other income and other hand mentioned as expenditure. based on the treatment company has to pay income tax as per applicable rate. in this case my opinion need not to disclosed as other income as the amount not received in my account. please suggest what will be correct treatment.

loan amount is 1558370. net amount received 1485311. insurance 3999. processing fee .30196 intrest on loan. 24290. 1st emi. 14575. . what is the journal entry. how to proceed

loan amount is 1500000 but net amount received 1485311. insurance is 3999. processing fee . 30196. advance emi 14574. intrest on loan. 24290. what is journal entry. we post

can transfers can be made from debtor ledger adjustment account to creditor ledger adjustment account?

Hi,
I have to pass an entry of home loan, where the interest due for the year is 116,550 but the payment made to the loan is Rs. 55,066 and the opening balance of the loan is Rs.10,40,439.00. I have to pass the entry in tally kindly assist.

Thanks in Advance

Experts,

If a construction contract is undertaken by A Ltd and it outsources the entire contract to B Ltd. The Payment received for the contract is received by A Ltd which it remits to B Ltd. after deduction of fixed percentage of commission.
My question is whether A Ltd. is required to show WIP in its books of accounts? WIP is already shown by B Ltd. As A Ltd is the main contractor of a party so whether he is also required to disclose any WIP of B Ltd. in its books of accounts.?

Dear Sir,

please share a copy of Certificate indicating fair value of shares from a Chartered Accountant.

Excess income over then expenditure then what con do? Please help me