Dear sir please tell me how to record the expenses bills which are in the name of director and 1.paid in cash or 2. paid by cheque of the company's bank. please clarify with the accounting entries.

We are a EPC Company, we are a subsidiary of manufacturing company.
In the current year we executed the power plant and sold the same to our parent company.
The parent company has capitalized the same and it claims depreciation on it.
What will be the effect of the above transaction while consolidation of the financials of Holding company?

Dear sir,

We planning our all employee together go for two days tour & all exp. bare company than this exp. less in P& L if yeas than in which head we cosider

if income tax is shown in the trial balance then in which statement it is shown?

Hello, l am kiran my q. Is if i have 45 lakh term loan and 55 lakh fixed deposit what shall i do term loan period 60 month

Dear sir,

I want to paid my five staff member & director 100000/- insentive, we give this type insentive to them & how pass entry & in which head i mention as a bonas or insentive this income show in employee from 16 please guide me in this matter

sir,
please inform me the entry on 31st March, for closing the accounts, also inform me about the provision entry. in my Co. there is Tally 9, kindly inform me the inform mationed to be kept in mind to make the accounts entry on 31 .03.12 to close the a/c

if a company purchase a car on loan. then should the interest amount paid on such loan be capatalised????????
e.g. cost of car 500000
Interest paid on such loan 50000.

what would be the capatalised amount????

DEar Sir,

how to pass salary entry in tally account if employee A salary is Rs.15000,B salary is 15000 & both P.tax deducted 200-200 & esi also dedcuted 262-262 than how pass etry n my tally account pls guide me

Hi,

Please help me, how to correct the issued C form for the period july to September ( Quarter 2 )