please let me know if electric installation done in office for Rs.9 lakhs..to which head of account this should be taken
please let me know if the cheque sent for clearing is being returned by the bank due to insufficient funds and for that bank has charged some amount ...so to which head of a/c these charges should be taken...pls anyone reply asap.Tks
Dear Sir,
We Made Provision of Interest Receivable on Water Deposit Rs. 17359/- in FY 13-14
But actual interest revived us Rs. 15624/-
in FY 14-15
How to pass Diff Amt JV, Rs.1735/-
Pls Advice
how to account for income tax refund when there is no provision for tax,tds or advance tax entries in Tally?
There is one my supplier. I purchased raw material from him. In his bill he charged VAT on 80% portion of the bill and on 20% nothing.
My question is that what is accounting entry for this. Whether I should charged entire amount to Raw Material Purchase A/c or I should charge 80% to Raw Material Purchase A/c and 20% to Labour Charges A/c.
e.g. Total Contract Amount 100
VAT @ 12.5% on 80% of Rs.100 10
Total Invoice Amount 120
Dear Sir,
Please tell Trade Discount received from Sundry Creditors is in under Purchase account or Indirect Income,
while working how i improve my analysis & taxation ? give some good tips what we consider or what not consider, also explained some good tips for analysis of accounts.
Whats per day cash payment limit to employees & others.
Dear Sir,
if new partner is entered in to firm during the f.y. ( feb ) and he gets monthly salary some amt. can i capitalised his annual salary or from feb only ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Head of a/c (elec fittings in office)