My account is in PNB bank and the type of account is Current account. I want to do the money transfer to other account as I have my shop. I want to know the monthly as well as the yearly limit for transaction and if the limit crossed then how to pay taxes .
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Hi Experts
Electricity Provision was made amounting to Rs. 35000/- as on 31.03.2015 in the books of PARTNERSHIP FIRm
Actually bill was received for Rs. 26000/-
Now excess provision is reversed for Rs. 9000/- by crediting P& L account
But our CA is in the opinion that it should be treated as Misc. Income.
Please explain.
What is the Journal entry for Business expenses paid from Personal Cash ?
Answer nowkindly explain to me example with period
Answer nowI (A Company) have received some amount as security money Rs. 10 lakhs against fixed assets issue to an agency.
agency after some time close his business and did not return my fixed assets. How will i treat this amount of Rs. 10 lakhs in my books of accounts.
I will be thank full if anybody reply soon.
Hello everyone, I had a query to be resolved. Can anyone help me knowing details on the IFRS diploma course by ACCA such as process for registering online, pre requisite set of documents required, due date for December exams. Also, I request you to answer in detail so that no cross questions need to be asked. Thanks in advance !!
Answer nowIn Cost sheet of a product, how various taxes like a sales tax, vat ,are treated ? if excluded why ?
Answer nowWhat are the risk of Prior Period Expenses recorded in current year to the business
what is the treatment of "reserves for doubtful debts" .
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All Subjects Combo (Regular Batch) Jan & May 26
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