Company purchased goods worth ₹ 2000. And payment done by staff, not from the company's current account. Now tell me how to record in tally
Dear Experts,
Can a Limited company give unsecured loan? if yes
Can it give loan to Individuals / Pvt. Ltd. Companies / Directors ?
INVERTER BATTERY PURCHASE FOR SECURITY CABIN EXP OR FIX ASSET
cost of an item of property plant & equipment comprises:
the initial estimate of the cost of dismantling, removing the item and restoring the site on which it is located, referring to as decommissioning, restoration and similar liabilities; the obligation for which an Enterprise incurs either when the item is acquired or as a consequence of having used the item during a particular period for purposes other than to produce inventories during the period.
primarily explaination required from "or as a consequence......"
can u please help me with subject issue
company having guest house on rent and agreement is between director and owner. can be book guest rent and expenses related to guest house, in name of company.
while considering profit for goodwill calcuation . profit sholud consdier after depreciation , remuneartion and interest to partner or before interest and remunearation and depreciation
PROFIT 100,000
DEPRE 2000
INTEREST 3000
REMUNERATION 5000
NET PROFIT : 90,000
Which profit is to be considered 1,00,000 or 90,000
Respected All, What will be the accounting and tax treatment.... if a co operative society issues shares to its some of the existing shareholders as prize money because those shareholders have achieved the target set by the society.....in my case the society has passed the entry as :
Entertainment Exp (P & L Account) Dr
To Share capital account
Dear Experts,
In Saving Account Small Amount & under 5000 amount is Paid to Suplier Can We disclose this Paid Amount as Non-GST Purchase Only.(No in GSTR-3B)
How Many Limit value for single Non-GST Purchase Bill against single Person.
Whether can we show Dummy Name In Purchase Invoice .
Thank you......
sir
if as a company we paid some exp. and bill issued in the name of company but these exp. should be born by a vendors co. of us so can i make a sales bill for that in the name of vendor co. ?
otherwise suggest the right treatment
How to record in tally