Good evening to all ca club members
sir please help me for making the 6 month cash budget for a new co. (future cash required)
suppose investment of rs 4 lakh, received from Debtors in 45 days sale of our co. 60,000 per month, and purchase 40,000 and paid to creditor in 60 days. the monthly cash expenses of co. 80,000.
sir please help me as soon as possible.
thanks

We have paid professional fees Rs. 6500/- related prior period expenditure.
Please let me know how to book prior period? & TDS will applicable?

WHAT SHOULD BE JOBWORK PAYBLE JOURNAL ENTRIES

dear Sir,

My firm is a partnership firm.Partners have given Loan in firm Bank Ac for firm by mortgage their personal FD and taken OD Ac.The bank has charged interest on OD Ac.Please say ( Interest on Partner Loan ac should be debited under P/L Ac or Partners Capital Ac Dr)

Please Say which is right entry.

Thanks & Regards
Survesh

Why is Land not depreciated?

Dear Friend,

Please Say a Propriter has taken Personal Loan.Is Personal Loan Secured or Unsecured Please Reply.

A Prop has made Recurring Ac should it be grouped under Investment or Current Asset.

Thanks & Regards

Survesh

Hi,

Pls healp me to sove below mentioned problem...

In depreciation schedule Office equipment Balance shows -300000/- How can I treat it in the financials...

Expencting valuable openion...

Can we capitalise the Indirect expenditure i.e salary , t&A and other cost of person who are directly associated with Project. If yes then would there any concern in Income tax asst point of view.

Please Sir define journal enteries of Accruel Bank Interest.

An assessee has taken a Bank Loan against hypothecation of Car for a period of 10 years....
is he required to show the amount repayable within one year by way of notes or within brackets below the Item in the Balance Sheet.

Thanks