how can i made entry of stock in transit

Sir,
I have paid the tds challan in wrong section. 194i ( Plant & Machinery ) but paid the challan for 194C ( 1 % Contractors )
how can rectify the error

Hi,
Can we book expenses in Mar and payment can be done in next fin. year (April Month) without any provision.

Please brief about provision at the time of books closing.

All dear sir , if any party deducting tds of 2% in services provided by us as a cab service . Then i want to know after which amount they shall deduct tds ?

Dear Sir,

pls tell me amount incurred on creation of new website for existing company should be debited in which head

pls also clarify whether it is revenue expenditure or capital nature


thanks

Dear Sir,

I want the entry for Advance payment to supplier. I hv passed blw entry. Kindly confirm.

1)
Advnce to Supplier a/c ---- Dr 100
To Party A/c --------------cr 100

2)
Party A/c Dr-----100
To Bank A/c Cr------100

Pls confirm above entry is correct or any other entry be passed.

Thanks
Yeshwanth Shetty
email id : yeshshetty@rediffmail.com

All dear expert , i want to know is there any threshold limit after which any party deduct tds in case of pvt. co. please answer!

Pl advise me accounting treatment of pre operative expenses (both of capital and revenue nature) in detail.

Hello
My query is,In balance sheet Fixed Assets are shown in historical cost & there is a depreciation fund account & WDV method is followed for depreciation calculation. In case of Block of assets sale amount should be deducted from WDV amount but while showing in balance sheet should we have to deduct cost price from fixed asset & depreciation portion from depreciation fund account?. what is the journal entry?

Dear Sir,

We have purchased a property worth 1.34 cr wherein Rs.80 lakhs is loan from bank and remaining 54 lakhs is paid to the owner. LAP is recorded in the books as liability and part payment is kept as advance to the owner. what is the correct accounting entry for this?

regds:jaya