Recently I have started Currency Trading with Alpari, UK. I have opened account with 1000 USD for which I have transferred approx48000/- from my bank account. Now all transactions and Gain or Loss is in USD, so how can I pass accounting entries in my Tally9 Books? Plz let me advice on it i.e. Fund transfer entry (INR to USD), Buy & Sell tansaction in USD, Gain or Loss in USD, at the end of the Financial year Balance with Alpari in USD.

F.y. 0809 donation is paid of rs 10k. And same added back in computation.in f.y. 0809 out of 10k 5k cheque return. How entry pass in books. And treatment in computation.

FD created of Rs.3 crore is for 3 years and Interest Recd as on 31/3/2010 is Rs. 300,000.00 for 1 st year

Is this Interest said to be Accrued Or Direct Debit to FD and Cr Interest in PL Ac

What are the condition for Accrud Interest.

Dear all

I know that vendor reconciliation is acccount payable , further i want to know whether there is growth in my career.i finished my B.com

please any body tell me full job resposiblity and whether it is easy to work and i can develop my knowledge in accounts transaction.

pls do the needful

what is meant by ex interest and cum interest please explain with example?

An FD of Rs.1 crore has been made.300000.00 Interest have been received in FD.FD Maturity Period is 3 Years.

My Query IS: 300,000.00 Interest Received is to Be Debited to FD or Interest Accrued.Please Say is it Accured

Entry : FD Ac Dr (deposits) to Ineterst Ac Cr (Income)

OR
Accrued Interest on FD Dr (Current Asset ) to Interest on FD ( Income)

Are the entry Right.Please Say.

Thanks & Regards

can anyone suggest me dat wch book i should purchase for accounting standards...?? i m in ipcc...

Hi all

Please tell me whether the vendor reconciliation is fully account related job and it is useful for my future career and also tell me the full description and what to do on reconciliation, i finished my B.com.

Please provide the suggestion regarding the depreciation

if we purchase a Commercial VEHICLES ON DATED 01.02.2009 AND THIS HAS ALREADY BEEN USED AT THAT TIME AND WE HAVE CHARGED 50% RATE OF DEPRECIATION AND NOW WE ARE CHARGING AGAIN 50% DEPRECIATION ON FINANCIAL YEAR09-10.
AM I CORRECT OR NOT
pLEASE GUIDED ME .