Dear all pls help me about this. Ques.

A of surat consings goods to b of jaipur to be sold at or above invoice price . B is entiteled to gat a commision of 8%on sales at invoice price plus 25%-f any surplus realized .b accepted a bill of exchange drawn byA amounting to 50%of the invoice price.

In the year 2010 goods consigened by A were invoiced at rs250000.these goods cost to A rs 200000 inculuding freight .sales made by B during the yera amounted to rs 235000 at the end of the year goods unsold with B represented an invoice value of rs 60000. During the year A had recived fromB RS 40000 BY BANK DRAFT,certein remittances being in transit on 31dec 2010 prpare ledger in the book of both the parties . Also show how thw consigntement stock will appear in the balnce sheet.

Sir,
i did Frankig of agreement of Rs.27,500/- in cash. will i get the Cash benifit in Income Tax Returned or it will be Dis allowed?
Pl Reply its urgent.
Thanks

kindly enlighten me with the term industrial training as this is just a word because we just cant find anything regarding CA industrial training except that it is done only in the last 9 -12 months of your articleship period . as per icai norms. but what after that .. where are the industries? see icai website .......... i know so only serious replies please. thanks ......

what are the bank account types

If there is increment in salary at what proportion amt should be increased in basic salary

please clarify

Can misc. expenditure be deducted from Reserves & surplus since it is deducted while calculating Shareholders' fund? If No, then where to treat it? Plz help.

Hi
I am working in Properitorship firm
my boss has paid his House rent Rs.41,000/-
per month
will i get exemption in Income Tax
for whole amt what is the limit for the same
what would be the journal entry in Tally
Pl suggest
Thanks

Can you please inform me which is the best text book for accounts for both CPT and IPCC exams and for self study.

Thanking you in anticapation,

Regards,
Dhanaraj

What is the difference between notional profit and estimated profit?

hi I am swaroop,I registered CA inter course through direct entry after complicated my b.com(date august 26-2013) .I received temporary SROTO 410065 number by icai email notification few weeks ago(20-September-2013),but still I not getting permanent register number.when I get my permanent reg no. I am ready submitted all my b.com degree attested copies with my application .my DD payment number is 707307 and date of birth is 20-01-1993.I also checked enrollment number list in ICAI websites but I can't find my register number. my friends and I applied CA course with the date they already received the permanent register number .so pliz help to knew my permanent register number .SWAROOPA.M.K