Rizwan Sayeed
03 May 2014 at 15:03

Head of account

Dear Sir,

I am handling account which a function hall

Question
1.they reg. with luxury tax
2. if some one book the hall Pay advance 7000.00 How should i take that entry in which head of account of tally
3.when actual bill raise at the time of function including the luxury tax (to pay the tax ) How should i take that entry in which head of account of tally

They need the Receipt and payment format statement during year only



Anonymous

if an amount is given for electrical repairs, to which head head of account this should be taken.



Anonymous

please let me know,,in which account is sale of office drawers taken into account.
our company had some drawers in office,,so they sold them and got cash..



Anonymous

my company purchased 2 mobile phones worth Rs. 2700 each and given to 2 employees for office purpose..can someone let me know to which head of accounts it should be taken


prasad Nilugal
02 May 2014 at 15:23

Prior period expense

Sir

I want to ask , if any accounting entry either expense or income of last year was left out after audited Balance sheet , How to accommodate same in current year?.

If it is prior period expense in current year , How to show it , please give an example.

Thanks in advance .


arjun agarwal
02 May 2014 at 14:07

Prior period exp

Hi,

what is the group of perior period exp in tally


Mansoori M. Zubair M.salim
02 May 2014 at 10:48

Treatment

Hello 1)i want to know that if trustee gives an amount for opening of bank account what is the treatment in tally. 2)whether the land redevelopement money of wakfs board received is an income and what is ita treatment.



Anonymous
02 May 2014 at 10:45

Sponsorship income- urgent

how to treat sponsorship income?


Ajit Shinde
01 May 2014 at 22:11

Export

What is BRC ??


pranav
01 May 2014 at 14:51

Change in inventories

Hi all,

I came through this P&L Account of a manufacturing company which had cost of material consumed, but the change in inventories of finished gods was nil. Does this mean there was no production during the year or has the whole production been sold off.?

Please Clarify






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