hi, if debtor has deposited cheque in the name of partner instead of in the firm then entry passed is partner capital a/c. Dr. TO deptor a/c then whether firm will charge intt for that amount from partner which is debited to a/c

can i create a salary expenses ledger for both worker(who are directly associated with productio) and employee(who are not directly associated with production)

Dear frnds, on of my friend doing Google android apps creation work and he is getting income on the service from Google. in this proceedings the income is taxable or not? plz confirm. if taxable, please clarify that how percentage of income taxable out of total income.

Hi I have two questions -

1. If I have received free samples from a company and I need to sell those officially how will I show the entry in books?

2. If I take out a scheme in the market for my dealers that buy certain amount of products and get few extra products free. How will I show it in books as a discount or free products with 0 value.

How to pass general entries of deferred tax liabilities in books of account arised during the year 2013-14 in audited balance sheet

Hello Dear All Could any one please Tell me about difference between Commission , Dealer discounts & Trade discounts

1):-on 1/4/2014 mr.hars purchased 20 computer @ 25000 each.excluding tax from k.g.enterprise on 30 days credit (purchase@4%)...total=500000+20000(vat)...
2):- on 10/4/2014 rejection of 5 computer and create debit note towards k.g.enterprise..
dr-k.g.enterprise 1300000
cr-purchase@4%(computer) 125000
cr-input vat@4%... 5000
3):-1/5/2014:-
what are the amount on which mr.hars is liable to pay interest on outstanding???????

how the bank calculated cash handling charges???? please explain in briefly

Hi all,

Under what head we have to show the Work-in-progress arising from Construction contracts.

X Ltd. acquired 12000 equity shares out of 20000 shares of rs. 10 each of Y Ltd. at 180000rs. Y Ltd. paid dividend at 10% out of its pre-acquisition profit. Net value of subsidiary co. on the date of acquisition was 250000rs. The goodwill or capital reserve will be? plz give me its solution.....