I M ACCOUNTANT AT A AUTOMOBILE DEALER OF A AUTOMOBILE COMPANY ).. MY QUERY IS THAT WE GIVE SERVICE TO CUSTOMER ON WARRANTY BASIS.
HENCE WE NOT RECEIVE SERVICE AMT FORM CUSTOMER. WE CLAIM THIS AMT ON HYUNDAI COMPANY

SO WHAT COULD BE THE JOURNAL ENTRY FOR GIVING SERVICE TO CUSTOMER AND RECEIVE SERVICE AMT FORM AUTOMOBILE COMPANY AS CLAIM

TWO PARY ARE AGREED TRANSACTION WITH FOREIGN CURRENCY .

"A" PARTY HAVE PURCHASE GOODS 100$ FROM "C"AND EXPORT TO "Z" (OVERSEAS BUYER) FOR 120$ AS ON AGREED TERMS "C" HAVE TO 100$ TO A , COULD IS POSSIBLE ?

PLEASE SUGGEST ME
CAN BANK WILL AGREE TO RELEASE FUND AGAINST PURCHASE BILL WITHIN FOREIGN CURRENCY .

MY TOTAL CLAIM IS FOR Rs 11000000 (STOCK Rs 7700000, BLDG ETC Rs 3300000)

EXPECT TO GET Rs 8000000 FROM INSURNACE COMPANY HOW DO I PASS ENTRIES IN THE BOOKS OF ACCOUNTS IN TALLY

Hello Experts,

we are the statutory auditors of a pvt co.,they received subsidy for construction of cold storage.

So,we have transferred the amount of grant to capital reserve.is that correct

can anyone plz help me on this

All dear sir if money transfer from one co. bank a/c to another co.bank a/c (both co. in same tally) then it is treated under which head ?

Dear, can we book our "interest received from fixed deposit" under sales accounts in Tally?
where i am working there a ledger of "interest received from fixed deposit" are booked under sales accounts, is it right or wrong?
please breif

dear sir, please suggest me rate of tds on Transport, which declaration is required for exemption.

What Will be the accounting treatment of Discout Coupons received by a Co. as a complementry Gift From Banks Or say other Co. which can be utilise by Co. to pay off there Electricty Liablity or say, adjusting with amount while booking filghts through websites, Will they be covered in othere income within books if Co. reedeem the same or not.

Ex- Co. A Ltd received Coupons of 500000/- from Xyz Ltd which Co. a utilise to pay off his telephone Liblity.

Dear Sir

Pl resolve my queries

If A ltd Company purchase or investment in share of company B ltd worth of 5 Lacs purchase in only Rs. 2 Lacs from any shareholder of B Ltd with emergency requirement

Now what will be the investment entries in the books of accounts

Should A company take entries with only 2 Lacs investment or with 5 Lacs investment with credit the profit of Rs. 3 lacs in capital reserve a/c ???

Pl resolve the queries

Regards
Vinit Goyal
M-9999426498

I want to know that what should be a percentage for mobile shop if it is having small business, should there need to maintain NP or GP, please tell the necessary expenses ratio................ please answer soon