is installation charge on AC to be included with the AC ? Can we claim depreciation on it?
Also I have paid tds on professional fees on salaried employees under current liabilities but it is showing debit bal as only payment entries are there so do I need to enter to the salary entry separately for that?
for tds on salary I pass JV for salary p.m. including pt in that so it comes correct
Hi Sir,
There have one Invoice for Logo designing charges, my query is which ledger use for passing this entry in Tally.
Thanks in Advance
foodies and lodging expenses done at site under which ledger?
can i take under staff welfare expenses?
we are a company received export order in name A but its payment transferred from outside india from an money exchange to our bank in an another name other than purchase oreder name what is its implication or how to we preapare export document
Hi Sir, I have completed my CA in may 2014 attempt.I have already obtained the membership no. but have not obtained COP yet.At present I am working in mid size CA firm.I want your advise whether I should apply for COP and benefit of that. Thanks.
Whether forex loss in case of purchase(inventory) be capitalised?
My query is,trust wants to create gau rakshan (Place where cows are kept) (it includes construction of compound wall and other facilities for cows ),for funding this project trust issues lottery and collects Rs 11 Lakhs from sell of lottery tickets and distributes prizes to the lottery winners of Rs 5 Lakhs. so i want to ask whether this income and expenditure on behalf of lottery tickets for construction is to be treated as revenue expense or capital expenses..
We have started a business of waste paper collection from door to door house/shops/factories in that we use to purchase from the market @Rs.10-12/kg. we want to book purchases in our books against the purchase invoice issued to the respective sellers for value as well as weight in the system but it is observed that when we finally count/ weight of the material purchased there becomes difference of weight in the inventory balance with us in the month end, Due to moisture/ weather fluctuation/ pilferage carrying the stock to the godown.
please advise how to treat shortage/excess stock in the books of account.how to take effect of the same in the balance sheet.
Pls tell what is the criteria for identification of non -corporate level II enterprises currently for applicability of Accouting Standards ? (especially turnover limit)
Sir let me know that what is the Indian & international accounting aspects regarding Cash flow statement.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Accounts