In my balance sheet Assest side, Interest receivable reflected of last year at current year itself.
Now, i dont want to record interest receivable of last year at assest side because its received originally.

what entry should i pass if previously Particular Bank account not maintained in tally.

What is mean of direct & indirect tax?

hi.....i want to deposite 1lac cash into my bank account...shall i deposite 49000/- and ..49000/- on next day.. plz suggest me...thanks in advance

Dear Sir/Madam

can Anyone send a format of Projected profit& Loss account & Balance sheet format in excel for getting a loan.

My email id : surajcs86@gmail.com

Can anyone plz help me with what is amalgamation of companies... plz it's urgent

Dear all

please clearfy we has been purchase on car for montly installment how make entry in tally

dear sir i want to know that is there any compulsion on due of expenses . i know a entity which due there exp. on year end althought it pay its exp. monthly .

i have received a Tax Invoice from a party. Amt before tax : 1805 Vat @ 16% : 288.80 Net Amt : 2093.80 Now i have paid that party a sum of 1884.42 after deducting 10% discount in final figure for which party also agreed and he wrote the final figure in invoice by hand. My question is, how much VAT i can claim in this invoice? 288.80 or 259.92 which is as per the new final figure.?? Thanks in advance

Sir,

Recently RBI has reduced repo rate by .25 %.....kindly let me know how any company(enjoying c/c and TL facilities)can be benefited from it....Whether rate of interest charged by bank to C/C and TL should be reduced or not ?

Thanks

Rupinder

Hi all,

What accounting standard should we use to see treatment that needs to be followed in following case,
Company A has committed to pay comapny B 100mn to buy some rights. A has already paid 60mn out of it and balance 40mn is to be paid on certain conditions being satisfied. I want to know that how do we treat the balance 40 million? and what accounting standard would apply to it. This is not a sale in ordinary course of business.

Thanks for your time!
Regards,
Dhwani