Why purchases figure is showing in trading account credit side what are the effect if this

The Indian subsidiary company shows debtor of INR 60,000 receivable from Foreign Parent company but the Foreign Parent company shows creditor of eqv. amount of INR 50,000 , the difference is mainly due to some invoices that were recorded in Parent company at later date.
Now while preparing Consolidated Financial statement , how to treat above inter-company adjustment ?
Please advise

JV passed for Remuneartion paid . Bnak entry passed against Remuneration Payable.
Then How to Show Total Year Remuneration amount in Capital Account Credit Side.
1] Remuneration Paid A/c--------------------------------------------------Dr
To Remuneration Payable
2] Remuneration Payable A/c ---------------------------------------------Dr
To Bank
Then at the end how to show in Capital A/c Credit side. Because bank paid against payable.

My query is that Companies Act talks about adding gst to turnover, but CBDT considers it wrong to add gst to turnover. If I maintain the turnover according to the Companies Act, can there be any problem tomorrow from any department?

If a college keeps 8000/- as caution money from student staying in hostel after the completion of study students wanted to adjust the hostel caution money with the same remaining amount of rs 8000/- as tution fees. Please show how to pass journal entry in tally.

WE OFFER DIFFERENT SALE DISCONT LIDE TURNOVER DISCOUNT, ADVANCE PAYMENT DISCOUNT, MOTIVATION DISCOUNT ETC . MY QUERY IS SHLL I SHOW ALL THESE DISCOUNT TO P&L IN DIRECT EXPENSES OF INDIRECT EXPENSES ..OR IT PART OF SALE AND SHALL DIRECTLY DEDUCT FROM SALE ACCOUNT.....PLEASE GUIDE

The landlord is offering the land wherein the beneficiary need to construct and use the building. Surrender the building at the time of maturity. For this contact there is no cost involved during the entire process.

In this case How to treat construction expenses & Expenses incurred for building maintenance in upcoming periods?

Expenses incurred from Credit card of proprietor how book expenses in tally ,
all personal expenses of proprietor whether should be booked in drawing or other expenses how booked.

is disallowable expenses transferred to drawing accounts in the case of individual and HUF.

Dear All

Can you please share New building capitalization workings and disclosure requirement working files.

Please help me.

Thanks in advance