if we had purchased a property for 10 lac in partnership n 1 lac is paid by partner .so can show property of 10 lacs in our account n 1 lac as due to our partner. if we had intention to own it by paying the remaining amount to the partner in coming future. and registry is on the name of both. pls suggest accounting

hi, I am a going to start a new business. The project size is of 8Caror, however, I have a financier who is ready to invest 35-40% in the business which is all I need to start the business as rest of the amount will be supplied through bank loan. The financier will not play any rile in the business and the whole effort of running the business will come from my side. My question is how much share should I offer the financier to call it even?

can someone please tell the exact meaning of goodwill raised ....

Dear experts

Actually one of my client he is manufacturing nature and this year he has paid sales tax arrears for last 3 years it costing Rs 8.5 lac due to this I am getting loss in my pl account how can treat said amt and increase my NP

There is a case of need of working capital to the client who does not have stock .Take a case of news paper agency owners the whole of stock is sold the same day.How can they arrange funds for payment to the news papers company as the revenue collection is not so fast.

A contractor submitting labour & material invoices. labour invoice of 6000.00 in F.Y. 2014-15 & material invoice of 40000.00.

Should i deduct tds against labour invoice ?

Hi,Dear All
My company is a event co.so,
we buy the foreign dollars from Forex co.for event in foreign countries.for event expenses incurred there.
so,how to make the entries & foreign gain/loss? pls guide & show me solution wise.

RENT RECEIVED IN ADVANCE BY A HOTEL FROM THE CUSTOMER.AND WHEN THE ADVANCE IS FORFEITED WHAT SHOULD BE THE ENTRY..
AND HOW TO RECTIFIED IF THE CLIENT HAS NOT BEEN CREDITED FORFEITED AMOUNT IN p AND L AND JUST SHOWING IT IN BALANCE SHEET AS cUSTOMER ADVANCE A/C AND NOT WRITTING IT OFF

I am pursuing ca final and I had completed my articleship of 3.5 years and i had also worked in ca firm for 6 months whether this 4 years (3.5 +0.6) can be counted as experience for the post of accountant in National book trust, India in which required qualification is graduate degree plus 5 years accounting and bookkeeping experience in public sector org or private sector organisation of repute.

Dear Sir,
A Foreign company having 100% INDIAN SUBSIDIARY FOR ACTING AS DEVELPMENT CENTRE.
Indian Company provides input services to HO & then Ho process the input services & make final output services to client in outside india. Indian co. incurrs expenditure for salaries & office expenss.
The company provides software upgradation for agricultures industry outside india.

Question is how can we recognise revenue for indian company ?