how is the treatment of banquet advance received by a convention center?
Advance is collected from clients who book the hall. The advance remains with the company for more than 6 months in some cases?
Is this an income or a liability for the company?
please give the entries too....

pls tell me is closing stock is compose of all tax elements ?. means stock is inclusive of taxes ( vat ) or exclusive of tax?

Dear Expert

How to take sale if booked at midnight on 31st march when a/cs closed & sales &Invoices Auditor are there so how would take that sale as revenue or what?

sir, is disclosure required for payment of salary to director's wife and director's father having .01% shareholding????
please reply

Hi sir..
can buying commission paid on raw material can be added to purchases ?

why should have separate accounts for salary related payments to director of the company

i m a ca final student. i m really in a dilemma. m not understanding and so m posting this query to u sir/madam. i really trust on ur expert advice. plz reply

m preparing for may 2013 attempt. m not understanding whether i should start study of a/c standards coz what if the "converged IAS(indian a/c standards) converged with IFRS becomes applicable for may 2013 exam.

plz reply m in dilemma

A party (Ledger) in whose favour sales commission entry is pass, can we show the same ledger under unsecured loan.

Dear All experts,

I want to learn tally. And to be expert in that(i know basic) but i want to acquire upto

advance level. Please suggest me the ways including books or coaching or institute for

that. my focus is to join manufacturing co so i need to learn atleast tds,vat, excise and payroll in that.

iam based in South delhi.

thanks in advance.

Hello Sir,

in a prob. firm wrong bank balance shown in balance sheet to how i can adjust it into wright balance

plese tell me