what will be the accounting groups of
CGST Receivable ( Input)
SGST Receivable ( input)
IGST Receivable ( input )
whether it can be shown under Loans and advances ( Current assets )
is correct way to show.

There were two assets in a block A worth 100000 and B worth 150000 on 1 april. If an asset is purchased during the year more than 180 days worth 200000. Now if both the assets A and B are sold worth 200000 during the year. What would be the depreciation?? Thanks

partnership firm has taken insurance policy of employees, one employee got injured he spent rs 35000 in hospital company give him (to employee) rs 15000/- and put claim to insurance company when insurance company pass that claim remaining amount will com in company account then company will give that remaining amount to that employee

An asset is manufactured at a cost of rs 200000 on 1st October for which loan of rs 150000 was taken on 1st April of that year at 10% p.a.The entire loan was outstanding till the end of the financial year. Which of the following is correct?

A. Capital expenditure Rs 200000 and revenue expenditure rs 15000

B.Capital Expenditure Rs 207500 and Revenue Expenditure Rs 7500.

C. Capital expenditure Rs 215000

D.None of the above.


Please answer with proper explanation.

whether air conditioner(AC) can be classified as "Office equipment" or "Plant and Machinery" in accounts

Hello everyone...

We are having a branch in the same city as that of the HO. Having same GSTIN for both. We are showing the transfers to branch as stock/branch transfer. So no gst at the time of transfer. Showing the tranafers at shop selling rates.

I want to know the value at which the stock sent to branch will be shown in tally in the books of HO. And what will be the amt that the branch will be remitting to HO ??

can some one tell me how to account news paper papering press running what about sale of paper of daily and purchase


regards

Mohan started business with Rs. 10,000.00 cash and Rs. 2,000.00 furniture. Sales amounted to Rs. 50,000.00 including Rs. 5,000.00 cash sales. Rs. 10,000.00 sales were outstanding at the end of the year. Purchase amount* to Rs. 30,000.00 including Rs. 10,000.00 cash purchases Rs. 15,000.00 has been paid to creditors. Expenses paid during the year 19,300. Trial Balance total will be

Please explain the Procedure to solve this sum and then give the answer

Dear Sir,

We are constructing a Check dam in a rural area. For this work we are getting water tanker. The water tanker is belong to a village and does not have the bill. kindly suggest is TDS is applicable in this case and what amount it is exempt.

Secondly we are doing plantation work in city and for this we are getting water tanker for plantation. The water tanker supplier has bill. In this case should we deduct TDS and what amount it is exempt.

Kindly also clarify the rate of TDS if it is applicable.

Thanks & regards

Ravindra Kumar

if in purchase invoice,
total : 600000
(+) freight advance: 10000
grand total : 610000

then , that 610000 should be the purchases or only 600000 will come in P/L ??