is there any website or other tool for learning tally software
X and y share profits in 4:1 z is admitted as a new partner and now y and z share the profits in 4 :1 find new profit sharing ratio
Let's assume that I (Bhakti Enterprise) have sold goods to Chandan Enterprise of 10000(Quantity).
at the time of delivering the goods, 2600 Quantity lost in Transitby whatever causes(by theft, damaged), due to this m/s chandan enterprise repudiate/ canceled his order. in the above case, what should be the accounting treatment in the books of account's of Bhakti Enterprise. is it possible sale entry need to reverse in the above case or loss may be disclose seperatelty in the books of accounts.
If possible then give your opinion by passing journal entry in the books of accounts of m/s bhagti enterprise.
The company has formed a SPV for the specific project. The listed company has purchased a 51% stake in this company, so that it became the subsidiary of the listed company. Listed company has performed a contract for the subsidiary company an recorded it as is income. And the subsidiary company has recorded it as its expenses, and the whole amount is capitalised in the books of subsidiary.
So that at the time of consolidation inter company transaction should be eliminated while compilation of Financial Statement. mgt content the inter co. transaction shold not be eliminated, while all cost has been capitalised. whether contention of the managment is right or wrong????
What should be the " Nature of Assets " for the following Assets for charging depreciation.
1) Mobile Phones
2) Refridgerator
3) Fans
4) Stabilisers
5) Air Conditioners
can we account two invoices for single DC(delivery challan)
Dear Sir,
while i was attending an interview they ask me which accounting standard you are useing in your company.i have little knowledge about GAAP,IAS,IFRS. how can i find out this (presently m working in abroad)
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Expenses for non agricaltural of land