please help - i have a client who has mad e some share transactions and i have put down in tally accounting software 9. i want to know how to correct accounting of share transaction in tally 9. i have generated shares as quantity detail and made sales and purchase entry but i am dissatisfied of that entry please tell or teach me how to enter correctly. if any answer and want to sent me my email id is mjsolanki74@yahoo.in

Sr,
Please suggest me the accounting way to follow and things to keep in mind while accounting for small construction companies in Tally 7.2 considering 194C and 194I for hiring of machineries as i am confused in maintaining the Advance accounts of contractors and to keep a good internal control on it through Tally software
Please guide me for the same

can anyone plz tell me machine maintenance exp including maintenance material are direct expense or indirect?

Our client is about to start a limited liability partnership with 2 partners, so can any one guide me how and what all accounts are to be prepared for the same.
if possible kindly mail me the formats with example

Respected Members
What is Capital Work in Progress which is shown in the Application of Funds in Balance Sheet?

Respected Sir,
I wanted to know where does bad debts recovered come in cash flow statement?

can anyone please tell me exact treatment of following situation?
A pvt ltd company purchases mobile phones,laptops etc for use by directors.For mobile phones bills are cash memo bills.should it be capitalized?or transferred to revenue by debiting directors a/c or by debiting entertainment a/c etc?What shud b the treatment?

Dear Sir/Madam

On 1.1.2005, a machine costing Rs.10,000 and a piece of furniture costing Rs.20,000 was purchased. Depreciation is provided @ 5% on furniture and 10% per annum on machine. The depreciation for the year ended 31st March, 2005 should be:
(a) Rs.1,000.
(b) Rs.300
(c) Rs.1,250
(d) None of the three.

ANS: Rs. 1,250

Please tell how to calculate

Dear Sir/Madam

Books of Ekta, shows on 1st January 2006 furniture Rs. 20,000. During the year a part of the furniture whose book value on 1st January 2006 is Rs. 1,200 has been exchanged with another furniture by paying additional Rs. 500. Ekta charge depreciation @ 10% p.a. The net amount of the furniture to be shown in the balance sheet will be
(a) Rs 18,508
(b) Rs 20,440
(c) Rs 18,396
(d) Rs 18,478.

ANS: Rs 18,478

Please tell how to calculate

CAN ANY ONE PLS EXPAIN ME HOW THIS FV IS CALCULATED AND HOW TO CALCULATE 4.046

THIS IS FIRST QUESTION OF JUNE, 09 PCC F M PAPER

PLS

Ram has deposited Rs. 55,650 in a bank, which is paying 15 per cent rate of
interest on a ten-year time deposit. Calculate the amount at the end of ten years?

Calculation of Future Value (FV)
FV = P * CVF10,0.15
FV = 55,650 * CVF10,0.15
(CVF of Re. 1 at 15 percent for 10 years is 4.046)
= 55,650 * 4.046
= Rs. 2,25,159.90.