Please help me to solve my problem.

Which will the accounting entry of that?

a bike worth 60000/- was given to our staff and2000/- will be deduct from his salary in 30 Months on monthly basis. his salary is15,000/- P.M

DEAR ALL

PLEASE CLEAR THE CONCEPT REGARDING SINDOOR STICK -WEATHER IT WUD BE TREATED AS TAX FREE OR TAXABLE ITEM ? IF IT IS TAXABLE THEN WHAT IS THE CORRECT RATE OF TAX?

Hi Experts,
What is acccounting policy and accounting principle?is there is any difference?what is the signification of accounting policy and accounting principle?
pls tel me example of accounting policy and accounting principle?

thanks in advance

Dear Sir,

Cost of Goods Sold is a P&L Item Or Balance Item,Please tell me the Accounting procedure & Capital Stock what does it Mean it is a Capital Account or what.

In a private limited company, can the directors remuneration be increased in the proportion of increase in sales? If yes, Is there any ruling supporting the answer?

Also, can the directors remuneration be increased with the % increase in sales to keep the % increase the same. For eg. the directors remuneration for the past 5 years is on an average 10% of the sale. In the current year, the sales turnover has increased by 200% and hence the management wants to increase the directors remuneration accordingly to keep the percentage 10% of this years sales. Can the management increase the remuneration?

Thanks in advance

Dear sir,

Pls tell me which exps. are covered under the head administrative exps. & selling expenses.

tnks

Dear Sir,

Please say If I Import Goods and goods are received what is the importance of Bill of entry for Accounts.

Which are the doucments needed by finance for Accounts Keeping records.

Is any more document to be preserved for Imort of Goods.

Thanks & regards

Dear Sir,

Pls tell me which parameters are condidered while making projected balance sheet

thanks

PLEASE SOLVE MY QUERY


IF WE PURCHASED AN ASSETS IN 2005 AND SALE IT TODAY THEN HOW TO CALCULATE PROFIT AND LOSS ON SALE OF ASSETS AND WHAT ENTRY FIRED IN ACCOUNTS.

Plz tell me how to account for transactions of chit fund business entities in Tally

In chit which is liability, which is income etcccccccc..........

if poosible explain with accounting entries