Where the Income Taz payable amount should be debited in accounting of proprietor?
Capital Ac or P&L Ac
Hello, could anyone help me in this query,
An Individual who runs a Proprietorship business started a Separate Private Limited Company as a Managing Director in which he invested Rs. 10 lakhs for new account opening of Private limited company as his part of his share capital. How to record the initial share investment made in following:
1) In the Books of Sole Proprietorship Accounts &
2 ) In the books of Private Limited Co. initial capital introduced by a Managing Director.
What are the accounting treatment & under which heads the respective accounts should be created.
how to make journal entry in the books of Partners Books
In The LLP there are three partners and theirs profit sharing ratio is A-50%, B-40% and C 10%
we passed journal entry in the books of LLP on 31st March 23
Partner A Dr - Rs, 50,00,000
Partner B Dr. - Rs, 40,00,000
Partner C Dr. - Rs. 10,00,000
To Advance Tax FY 2022-23 Rs. 80,00,000/-
To TCS Receivable Rs. 10,00,000/-
To TDS Receivable Rs. 10,00,000/-
My question is that also
How to Make journal entry in the books of partners TDS , TCS and TDS transferred to partners account Rs. 1,00,00,000.
Please reply.
How to tally entry, salary advance interest charges
Dear Experts,
1 Some of the officers of a company will be attending the exhibition related to their business.
2 The company is remitting the some specified amount towards visitors registration charges.
3 Under which group, this expense has to be accounted?
4 If the company, accounts the same under "rates and taxes", whether it will be correct or not?
If this is not correct, could you suggest the relevant group unde which it could be recognised?
5 Pls clarify.
PLEAE GIVE OPINIONS FOR UNDER WHICH ACCOUNT HEAD ITS FALL?
PURCHASES OF TOILET CONTAINER INCLUDING TRANSPORTAION +6 NOS. STAND + CRANE WITH INSTALLATION Valued Rs.250000/-
USE IN BUSINESS . (COMMERCIAL)
Thank you.
-JATIN MODI
what is cross charge invoice and when it is issued.
How to Make journal entry bonus share received in the case of LLP.
how can i take all ledger print in one time
Hello, Can anyone help me in this query,
How to record following Expenses which were borne by Managing Director/Promoter in the Books of Pvt. Ltd. Company:
1) Registration fees of Private Limited company
2) Advance to salary/worker
3) Site Expenses
4)Petrol/ diesel Expenses
5)Room Deposits
6)Workmen's Compensation Policy
Note:
Incorporation Dated of Private limited Co. is 05/06/2023
Date on which Bank Account was opened for operation for Pvt Ltd.20/07/2023
There was a delay in getting bank account opened hence few expenses for the month of June & July were paid from MD personal accounts.
Income Tax Payable Accounting