as we all know that there is difference between the accounting and taxation dep so can i charged my all the assets as per taxation rate b coz if i charged accounting dep then i have to calculate again it on taxation rate....
amalgamation entry in the books of transferor company sometimes transferee co is debited and all assets and liabilities are cancelled but in some questions transferee co is not debited how come this
Dear Sir
We have placed an order to import raw material and agreed rate was USD 38400 CIF Delhi and received the material now invoice value mentioned in Bill of entry is USD 38400 and 1 USD Value is Rs.68.0500. Bill of entry INR value mentioned is Rs.2639251+Rs.6,97,508/- (BCD, CVD & Additional Duty etc) i.e. total amount Rs. 33,36,759/-. secondly we have made payment after 90 days for USD 38400 for Rs.25,74,100/-
Please tell me purchase import entry with value as bill of entry value is higher than agreed rate.
What is the Journal entry for Business expenses paid from Personal Cash ?
Dear Expert,
We have took a unsecured loan from RBL bank, of amount-Rs. 10,00,000/-
Processing and Insurance on loan amount -Rs. 35,242/-
Amount Credit in my Bank Account -Rs.9,64,758/-
My Query is that How pass journal entry (With Group)
Hello, Why are loose tools considered as a part of inventory when inventory is something meant to be sold in ordinary course of business? And Why are loose tools NOT considered as a part of Current assets while calculating Current Ratio but it's considered as a part
how do we distinguish change in method of accounting from change in accounting policy.
say I have sold goods worth $100 on 1.1.16 and I m going to receive the same on 30.6.16. spot Rs 65 Now, I have entered into forward contract with SBI to sell $100 at Rs. 67 As on 31.3.16 how I m going to reinstate my debtors.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Balancesheet