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

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Hi Experts,

Can anyone guide me with reference to relevant act/section number as to what should be useful life as per the Companies Act, 2013 in case of leasehold improvements.

Regards
Dhaval

1.🔸 A company offered right entitlement of 3 for 5 held on that date at a premium of rupees 2 per share.

2.🔸 A company offered right entitlement at 3 for 5 held on that date at a premium of rupees 2 per share.

In terms of meaning, what is the difference between these two sentences?

Suppose if I have 10,000 shares then,

🔸(when I check my accountancy book) as per the 1st sentence, I would receive 10,000×1/5 =2,000 rights, why it's 1/5 and not 3/5? but as per the 2nd sentence, it would be 10,000×3/5=6,000

Please help 😅

Sir,

Our company is a company dealing with financial and management consultant ,we have another companywith same board of directors which is a NIDHI Company.As Nidhi company cant acceptfund from NRE ,can we accept the fund in our company and charge a small amount as charges for deposit as canvassing income and transfer the amount to NIDHI Company? THE fund recieved will be transferred to NIDHI COmpany by charging a small amount as commission
Pls help