A company received Electricity bill for the month of March on April 10 and the date of bill is also of April 10. When should the bill be entered if the company follows mercantile system of accounting

Somebody has prepared balance sheet as per revised schedule vi in tally erp 9.....???if yes then can please provide pdf file indicating how to prepare notes in tally erp 9??

if some business related guest visit at my company or coming as guest and we made expenses says foodies and snacks....can i include it into staff welfare expenses?

Sir,
Plz. give the more information for debit note and credit note ans also send the format of debit note and credit note

May i know the depreciation method applicability into Intangible assets.

ABC Ltd. has expense out cenvat credit on service tax paid in last year and now wants to take credit in current year. My question is whether such credit taken in current year will be considered as Prior Period Income as per AS-5 and can be shown in the accounts as Prior Period Income????

1.AS PER ROC SCOOTER VALUE IN GROSS BLOCK-57500 AT THE YEAR ENDED 31.03.2014
2.DEP UP TO 31.03.2014 IS 48122.25
3.SOLD IN 16.04.2014 OF RS.6000
QUESTION-WHAT IS THE DEPRECIATION VALUE AS PER CO.ACT & IT ACT

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while preparing contract costing and in the 2nd year or in any subsequent year the work in progress is debited to the contract a/c but after deducting the reserve which has been taken in the previous year from notional profit reason for such deduction of reserve..

Experts,

We received cash from our customers and cash entry was made. But the same was not deposited in bank in subsequent days. Now the income is not reflected in the bank statement . Now how to adjust the entry?

Assist me with your valuable feedback...

Thanks.