Dear Sir,
I want to know that my client don't show the fixed assets in our accounts books some last years. But now he wants to show the fixed assets in our accounts books. Then which value show in accounts books.
purchase value or purchase value minus depreciation value last years. please tell me.
Which value will be take in books.
Thanks

dear sir
how to make accounting entry for property insurance and in which head account of property insurance open?

sir mana regestration Nov.2014 ka liya kiya tha laken mana paper nhi diya ab mugha may2015 ka paper dana ha to kya krna hoga.or mana apna regestration visvas ngar ma kraya tha exm. form vhi jma krna jruri ha ITO par ho skta ha ya nhi

Dear Experts,

I want to ask what are the reversal entries in indian accounting pleas clarify with suitable example.


Regards
Pawan Kumar

Please Clear me this
whats the difference between capital expenditure and revenue expenditure





Altaf

what is new in the revised schedule iii which is different from revised schedule vi

hi. i want to know if there is any change in accounts for ipcc may 2015 ? if there is any plz let me know. thankyou

Dear All,

Good Afternoon !!

My query : Interest paid to Creditors for delayed payment or any Interest in respect to fulfill any export obligation will be debited where in Profit and Loss A/c ? Whether under Other Finance Cost or some other head ?

Kindly Help !!

Dear all expert.
i have small Query

suppose, in partners ship firm there are two partners each are working and having capital rs 500000/- in books of accounts

but on 31/3/2014 the books profit was 300000/- and 90% of 300000 is 270000/-
Taxable income is 30000/-
30.9*30000 is 9270/-

but my Query are, will this 270000/- partners remuneration be shown in profit and loss account as an indirect expenses.

or it can be directly debited from both the partners capital

plz check the above calculation as per me
whether it is correct or not.. and also let me know after TRF this 30000/- profit
to partners capital A/C how much partners
capital will be carry forward to next FY

IF 1 company is paying tds on behalf of other company then do we have to pass 2 entries?
1. jv for tds
2. payment entry

or only payment entry