NIKITA

Sole proprietor has not recorded some investment made earlier(many years ago when balance sheet was not maintained). Now upon redemption, he wants to record the investment in books since interest income is appearing in AIS. How to record redemption entry? Principal and interest amount is credited to bank


Gavin Benjamin
23 June 2023 at 17:18

Dd accounting entry

Dear sir

Please guide as to the accounting entries to be passed in case of the following situations

1) issued yourselves dd to cheque to bank for preparing a dd of rs 5000 in favour of xyz ltd.

2) dd issued to xyz was returned by them


Arun Baid

My Mother in Law gifted me 10 shares of TCS on 30/05/2022. what journal entries has to be made to record the this transaction in both our books . Please also let me know what entries to be passed in tally for the same in both our books of account.


RAVINDRA KUMARpro badge
22 June 2023 at 12:36

DEPRECIATION ON LOSS OF ASSET

WHAT TREATMENT OF DEPRECIATION SHOULD BE MADE IN CASE OF LOSS OF TRUCK DURING YEAR-2022-23 IF THE TRUCK WAS PURCHASED IN YEAR-2018-19 ?


aarya
20 June 2023 at 17:40

HOW TO PAY TDS ON PROPERTY

NEED TO PAY TDS ON PROPERTY , AT NEW SITE WHRE CAN I GET FORM ALONG WITH 26QB


Prajwal Kannan

Two companies A & B are merged into C. Where B is a subsidiary of A, and all three companies have common directors. Under the pooling of interest method of merger accounting, Is canceling both Share capital and Securities Premium correct or do we need need to cancel only share capital?


Daya
19 June 2023 at 18:34

Received of shares by shareholders

A shareholders received shares , in the Financial Year by which mode shares can be obtained Please reply.
such as Bonus, split of shares etc.
In the books of individuals because extra shares received how to identify from which means received.


Daya

how to make journal entry of shares received on demerger of shares by the shareholders in books of accounts. and what would be the cost of shares received.


Elbin
18 June 2023 at 16:55

Diwali Bonus Entry in Tally ERP 9

Diwali Bonus paid to factory workers comes under which head Direct or Indirect?


tausif ahmed

Wallpaper work done at office premises is revenue expense or capital expense?? amount of expense is around 40,000/-






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