if we purchase a new property of Rs.13,13,000 and a loan is taken for the same of Rs.9,70,000 then how to account in the books. how much the asset side should be shown and liabilities in balance sheet ???

I have received a post dated cheque. Receipt Date 22-01-2016 & Cheque Date 29-01-2016 so on which date should I enter receipt voucher in tally? or how should I enter this entry?

how can i put a gold in a bank as a loan in a case where the bill of gold is not available as received in gift..??

as 15 short term employees benefit with example

Hi, we are cargo handling services providers. I am unable to pass entry for Custom duty paid on behalf our client. 1. we receives advance from customer 2. then we paid custom duty 3. then we raise same amount to same customer please help on above

For Dollar Ruppee conversion rate from where do i take the rate? If the transaction is on Weekend then which rate to take?

Hi how to compute turnover for maintenance of books of accounts in case of speculation business?? what is the limit beyond which we have to maintain books for speculation business??? Thanks in advance.

Dear Sir,

Please help me for the following issues

I worked in Automobile spares manfacturing industry turn over of 120crs

1.Is Cost records has to mantained for that industry

2.Is Cost compliance is applicable

3.If applicable what type of records are reauired?

Thanks
B.Phani Rajkumar

Is withdrawal relating to a particular year is admissible in that year itself irrespective of whether it is actually received or not, or only cash method of withdrawal is valid ?

Please Help.

Hello everyone... kindly solve my query regarding the assets to be shown in BALANCE SHEET : (Please consider the query in regards to Sole Proprietorship & Partnership firm) Basically, everyone knows that Balance Sheet includes all those assets which are incorporated in business to earn profits. Now my query is should those assets be shown in the balance sheet which generates income which are taxable in source other then PGBP (business income). It should be noted that the income being generated is further invested in business to earn business income. Also such income is increasing the capital of the firm. Take an example of "Rental Income " which is taxable in house property and income so generated is being added to capital. Now should the Building (asset) is to be shown in Balance sheet??