sadhanisa
22 August 2016 at 11:14

journal entry

journal entry of geting cash discount while making payment to creditors?


Sreejith. M
20 August 2016 at 12:54

Photography expense


Our society given a studio to take the function photographs with print. The charge is Rs.2000/- I can account the expense in Office Expense or any other .....? Thanks



Anonymous
20 August 2016 at 12:49

Tds on late receiving of bills

Dear Expert, please tell me if I am receiving some bills of March'16 today in Aug'16, how do I book. Should i book in March and deduct TDS and deposit with interest? These are shipping line bills.



Anonymous
19 August 2016 at 20:30

As 22-urgent qury

A company has Rs 25 lac DTA balance as on 31-3-15. Current year there is DTA on account of current depreciation 2 lac and DTL on account of reversing of timing differences (43 B)items of Rs 5 lacs. Quries are:
1) Can the current DTA (rs 2 lac) be set off against current DTL (5 Lac) and the net computation for the year be shown at DTL 3 lac
2) Can this Net DTL of 3lac (or any other amount) be adjusted against opening DTA of Rs. 25 Lac.
3) Further, as there is total uncertainty about future earnings of the company, should the balance in DTA (Be it 25 lac as it is OR 22 (25-3) lac) be charged to the P&L of the current years.

Please reply in detail..



Anonymous
19 August 2016 at 18:14

Excess provision

Hi Experts

Electricity Provision was made amounting to Rs. 35000/- as on 31.03.2015 in the books of PARTNERSHIP FIRm

Actually bill was received for Rs. 26000/-

Now excess provision is reversed for Rs. 9000/- by crediting P& L account

But our CA is in the opinion that it should be treated as Misc. Income.

Please explain.


chetan H. Chawda
18 August 2016 at 23:57

Cafe shop legal and accounting aspects

I wanted to know the legal and compliance requirements to start a cafe shop in Mumbai.. can any one give me detailed list of licenses and registrations required for starting a cafe shop.. it is very urgent if someone can help me in that..


shankar
18 August 2016 at 20:26

Sub Ledger vs Subsidiary account

Hi all pls could you pls explain the difference between sub ledger and subsidiary accounts.


Nidhi khandelwal
18 August 2016 at 13:23

Accrued or outstanding

Hi,
I am having one doubt regarding Accrued or Outstanding Term.
Can we use Accrued term in case of expenses ? and if yes can any one come with concept.

Regards,
Nidhi


Derick Machado
18 August 2016 at 11:40

Change in inventories

How does 'change in inventories' become a part of expenses under 'Profit and Loss Statement'?


Prakash Tripathi
18 August 2016 at 11:38

accounting words

We always tell that "income" is nominal bt I think income is the liability of business and business is liable to return this income to his owner and therefore it should be representative personal






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