In the case material is provided to the carpenter for 40000rs on 15th may 2013 & labour charges paid to the carpenter is 8000rs on 20th july, what sholud be the cost for furniture and date of capitalisation for the same?
if possible then please post journal entries for the above query thanks
Purchase of Bed sheets for a Hotel Industry should be charged under which head, and if charged as fixed assets it"s treatment for depreciation.
Plz solve the query. As we already know that new companies act is in force. As per this depreciation will be calculated on the basis of usefull life as prescribed instead of rates. So if a listed company wants to prepare its Q1 results for 2014-15 whether the new methosd would be used or old one.
dear sir,
pls help me how to prepare books of accounts of a transport contracter for the purpose of income tax.there are two situation,one is "TO BE BILLED" and second one is "TO PAY".
can we reduce directors salary due to not able to pay the tds on directors remunaration???
I have paid for accommodation of Rs. 1000 for my auditor. Need to know under what head i should book the expense?
Hi friends
How to pass closing stock entries every month in tally relating to Raw material,Packing material and finished goods.
Dear expert, kindly clarify me that i have taken car loan & home loan. I have monthly deposted the installment. whether i have taken any of loan installment exemption in filling of my ITR.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Capitalisation of furniture & fixture