WHAT IS THE MEANING OF CTC AND WHY THE EMPLOYER REDUCE HIS EMPLOYEE CTC. WHAT IS THE CALCULATION. FOT IT.

Hi
Friends
Example :Mr.X is invested in ABC Company the company is closed but the company not paid any shares amount to Mr.X .

Then how Mr.X can close in his books by passing Journal entry .

We Purchased Assets for Branch in USA when $ rate was Rs 40 But, Now $ rate was Rs 60/- So, when we are incorporating Translation Loss with HO A/c It is affecting HO profit & Loss.
How to come over of this pls refer supported by case Laws ?

WHAT ARE THE REASON TO PREPARE TRAL BALANCE.
WHAT ARE THE FUNCTION OF TRAL BALANCE

why fictitious assets are written off at the time of amalgamation??

A Pvt Ltd Co. has not recorded a bill in the preceeding Financial Years on which VAT is levied. But the Co. has made the payment to creditors on 06/01/2014 through cheque. We are Builders & Developers eligible for Composite Scheme on MVAT.i.e. we are not claiming Input Tax Credit.

CAN A PVT. LTD. RECORD THE PURCHASE BILL OF PRECEEDING YEARS IN THE FINANCIAL YEAR 2013-14 ??

I am doing a reconciliation of creditors as at 31st Dec,2013. I am taking our company's book balance as at 31st dec,2013 but is it necessary to have supplier statement also from them as at 31st dec,13 because if i will not receive the statement from supplier as at 31st dec,13 but may be before date from there also I can retrieve our balance as at 31st dec,13.

Can a proprietor pay salary to his wife from Proprietorship firm ?
Does he need to club it in annual return or can file a separate return for his wife?

I have completed my chartered accountancy course in 2013 , now I m in USA along with my husband on h4 visa ( dependent) . I could not work here so I am planning for hiegher studies to upgrade myself . I need your suggestions as soon as possible becoz I want to utilise this time and I have planned to stay in USA for 2 year

Hi,
I'm Working as a Financial Analyst in a 6 years old partnership firm. There are 7 partners who was shared their profit for last 5 years in the proposed ratio which they agreed . It's an architectural firm. Every partners are involving in project works. Here 2 or 3 partners earning much than the others.So for the past 5 years those earning partners are contributing more money for the office development than others. Now they felt that the partners who are contributing less money for office development are also enjoying the whole benefits. They reported me about this issue and asked me for some plans to change sharing system. Please give me a suggession for this issue. Is it possible to share profits against the ratio which is agreed in deed?