dear sir,

we have purchased vehicle in exchange of another vehicle.bool value is high & we sell vehicle lower price.how to pass general entries.

Sir

If a Company Invested some amount in finance company,Investment will be debited under account head Investment A/c , What is appropriate account head for the finance company while booking the entry ?.

I had given loan of Rs.1000000 to a company.Co.gives interest of Rs.10000. SO today i have received a cheque of Rs.1009000 (after deducting tds).
Please tell me whether following entry is correct:-
Bank Dr.........................1009000
TDS on Interest.................1000
To Loan............................1000000
To Interest received on loan.......10000

if i pay to my empoyee rs 15000 for travelling from baroda to delhi..in the journey he spent rs5000 in fooding ,travelling and lodging and other.sop it is goes under travelling expenses but he goes at work after journey and stay 2 months and spents 10000 for fooding and lodging then it comes under which ledger?

Hello,
This forum is really helpful. I appreciate the time and efforts the experts put. God Bless & kudos to everyone!!

I will be grateful if I can get a concrete answer to the following query...

My Question is...
What will be the Accounting entry & simultaneously the Income tax effect in India for International legal expenses paid for acquiring Nationality of a foreign country?

i need list of rate of depreciation ex. Computere r deprecuated by 60% same as i need

how to entry in tally for gold purchase & which groups

Iam not familiar with SAP, my job is to find errors in entries and rectify them.

For example- in PT payable GL, an amount of Rs. 10,000 is appearing as payment(dr.), but booking and payment of PT are as per salary sheet.
This is clear that amount of rs.10,000 is booked under any other GL, but paid by wrongly debiting PT GL.

It is impossible to find booking of that amount in every GL, kindly suggest me any technical method/trick(like looking for any doc. no)to trace the entries.

dear sir, how to take entry of E.M.I of car ? please clarify with example.

we have purchased an equipment from another state dealer in our company and we want to re sell them so how will cst and vat be calculated? if it is out of maharashtra? do we need to issue c forms?

Also , the equipments are by mistake billed in other company so can that company claim depreciation on it? how to account it? the bill cannot be changed but now on it will be billed in the other company only