Sir,

Can Director remuneration can be treated as Salary or Separate Account should be Mainatain As director Remuneration

Can director can take Salary in place of remuneration

dear Sir,

Can you make me clear the meaning of cost center according to cost accounting
thanking you

Dear Sir/ Mam,
What is the entry to be made in Tally.

In the Previous year audited balance sheet bank balance (Credit balance) was treated in Current Liabilities and Provisions as ICICI Bank Loan A/c.
But no loan for this account was taken.

Now what shall i do just treat it has bank opening balance in Cash and Bank Balances or not.

Thanks & Regards
Don bosco

SIR
WE HAD TWO COMPANY NAMED AS A COM & B COM
AS WE ARE TRAVEL AGENT COM HAVING SAME DIRECTOR AS WE ARE TRAVEL & TOUR COM HAVING IATA AGENT FOR A COM ONLY OUR SIR MAKE PAYMENT OF IATA SEVERAL TIME WITH A COM & SOME TIME WITH B COM WHAT ENTRY I MADE WHEN WE PURCHASE TICKET AS B COM PURCHASE TICKLET FROM A COM PLZ REPLY ME AS SOON AS POSSIBLE.

REGARDS
VIJAY KUMAR SRIVASTAV
9211589349

sir/madam i have one doubt.will you tell me types of accounts?i have heared some accounts.i will furnish all those accounts.
Personal a/c:
peronal account has also another three parts
a) natural personal a/c

b) Artificial a/c

c)Representive a/c
please give your explination for above accounts. will you give very very clear.please sir/madam

Dear Sir/ Mam,
What is the entry to be made for Bank Balance which was treated as loan (Current Liabilities) in previous year balance sheet?
Thanks & Regards
Don bosco

My Question is when to account for the foreign exchange gain or loss?. Is it on Purchase/Sales Entry or Payment/Receipt Entry or both?

Q.1 A person purchased a farm house. the purchase price inclueds:

Purchase cost of Land : 10 Lac
Mango tree standing on such land 2 Lac
--------
total purchase price 12 lac
--------

what amount should he shown in Balance sheet as cost of land, whether 10 lac or 12 lac.

what will be accounting treatement of income if he sold mango from such mango tree for rs. 3 lac in market.

kindly advise

What is the need of showing sundry creditors amount from micro enterprises and small enterprises separately from others as per Schedule VI.


Thanks in advance

if i hve:-
opening stock Rs. 1300000/-
+ purchase Rs. 2300000/-
Total Rs. 3600000/-
Sale Rs. 2800000/-
Closing Stock shown Rs. 800000/-

But I don't have any physical closing stock as it destroyed & no insurance claim is taken..
is there any way so that i can show NIL closing stock??
as if i show loss of Rs. 800000/- then
case will go to Scrutiny..