PLS Tell me

If I make payment for my purchased to my creditors by cheque on 29.03.2014 of ₹10,000/- and he got the cheque on the same day but didn't put the cheque on the same day in the bank, but put the cheque in the bank on 05.04.2014. Then In the closing B/s of F.Y. 2013-2014 whether my Bank A/c will be showing bank bal. less than 10000 or not.

Pls answer this query by how creditor would be dealing with this cheque in his B/S.

Can anybody tell me

IN PROFIT & LOSS A/C where will freight outwards will be come if we were receiving it from the party to whom we are selling goods.


and Whether freight inwards will be added to the cost of goods which we have purchased or it is separately shown in trading a/c.

Dear sir

I have a doubt regarding accounting treatment of purchase of share for investment purpose by a proprietor.

please help me to pass journal entry for the same in the books of account.and please explain the rule behind such an entry.

Thank You.

what is duration to become CA after b.comm ??

hi can anybody tell me is it compulsary to deduct tds on medical services.

Sir, Can the closing stock be greater than Purchase in any situation having no opening stock.

who all are exempted from giving cs foundation nd what is the value of ca and cs combined

sir can you please provide me with entries of TDs from stage of deduction till payment and in both manner as deductor and deductee.

can a private ltd co can accept deposits????

Hi friends
We have problem on employee's pension please clarify me.
Previously we are deducted Pension on basic: i.e
Basic - Rs. 18600/-
Pension on basic (18600*8.33%=1549)
as per EPF Rules pension should not exceed Rs.541/-.( Basic Rs.6500)

but currently we want to deduct 8.33% on 6500 basic salary i.e Rs 541/-

if now we deducted Rs 541 then any problem from the EPF department.

Thank you