Dear sir Good day Am deepanshu, Sir I have some doughts in tally , I joined in a company at the time of a bad cultivation in accounts,company didn't make any proper account.at that time started to use tally erp 9.. i jest give all the opening balance such as debtor's creditor assets its now in my balance sheet showing a difference in op balance how I need to solve the problem kindly request you to advise me regarding this waiting for your reply

Pls tel me that what is the cash purchase limit in particular day in private limited company

Dear All,

What will be accounting treatment if i have usd account and payment received in that account no conversion in indian rupee. Ex. sales book at 58 and realization at 61 but all in usd account.

I have to pass necessary foreign exchange entry or not. if any case law please suggest or any other supportings.

IF PROVISION TO REPAIR IS GIVEN ON THE CREDIT SIDE OF TRIAL BALANCE AS RS,6000/-AND IN THE ADJUSTMENT IT IS GIVEN PROVISION FOR REPAIR WILL BE RS.1500 PER YEAR. ON THE DEBIT SIDE OF TRIAL BALANCE REPAIR CHARGES TO MACHINERY OF RS.2000 IS GIVEN.WHAT ACCOUNTING TREATMENT WILL BE GIVEN WHILE CALCULATING FINAL ACCOUNTS.



KINDLY HELP ME IN RESOLVING MY QUERIES.

We bought a machine in another country for R15 000 through our financial institution (Bank) , but when the machine was finally delivered the amount was now R10 000.00 . What is the proper accounting treatment of the difference of R5 000?

We are the government institution not involved in the foreign exchange trading .

what is the difference between prepaid expense and advance.

Mr A Hold 50% share in A Ltd, Mr B (Brother of Mr A) is KMP in B Ltd.

Whether B Ltd is Related Party for Reporting Entity M/s A Ltd?

Dear Members,
We have a unlisted public company and also have some partnership firms and other companies having same directors as parter or director.
Now my question is that we have to prepare accounts including all associates books or else?

Dear Experts,

How to book Expenses relating to get trade mark registration for a pvt ltd company. we paid 55000/- to a consultant it includes
fee for 5 applications @ 7500 total 37500/-
and professional fees to consultant 17500
total is 55000/-.

then how to book these expenses in company books of accounts.

Thanks In Advance.
Narendra Kumar M
9949952188.

Dear Experts,

We are a dealer of Excisable product, during purchase & sales, we post respective ledger like Basic Excise 12% (Purchase) & Basic Excise 12% (Sales)separately.

We are making Quaterly return, at the end of each quater we have to transfer the balance of above ledger to a single neutral ledger account.

Please tell me what will be the name of that ledger account & under which group i will take it.

Regd,