We prepare our accounts in cash basis.So no any provisional entry is passed.

As on 31st March bank deduct TDS on accrued interest on FD but we do not treat accurued interest as income in F. Y. 2009-2010.

What will be the accounting treatment and in which F. Y. interest will be taxable?

Should there be any specific disclosure under AS-1 in respect of companies under liquidation???

If there is one invoice for Telephone cost for the period 01.09.10 to 31.12.10.
The Entry will be Prepaid a/c ---Dr & vendor a/c –Cr

& in the respective period from 01.09.10 it will be Expense a/c----Dr , Prepaid a/c ---- Cr.

Who’s responsibility it is to post the second Amortization entry. Should it be posted by AP team or GL Team. We have confusion on it

Please advice.

sir plz tell me group of custom duty in import purchase.
i think it is in direct exp.

regards
rajiv

Can expenses incurred on development and implementation of Website capitalised or should it be treated as revenue under web designing charges. pls clarify

sir plz solved my query about tally erp .9 one item unit create in my tally wrong. when sir i m transfer it to kg. to pcs. than sir i dont do this. b coz sir it is create 1 year ago than sir plz tell me how can i change it to kh. to pices
regards
rajiv

sir i m worked in tally erp.9.sir i have a problem when i enter purchasr entry,& when i m creating item rate supoose sir the rate of per item 1.8002. when sir i m entering this no. software (tally erp.9) take 1.80 rupees.plz sir tell me how can i take fully amt(1.8002) in tally plz sir help me
rgards
rajiv

what is provision for Interst,Tax etc,& why should it is created, kindly show me the Entry also
Regards

A party in India purchased goods from China.The invoice date in 27th Dec and the same was accounted in the month of March 2010.A what exchange rate it should be accounted?At what rate payment has to be made?

we paid auditors fees by cash for the fy08-09 but payment made fy09-10 how to pass entries (becose no entries passed fy08-09)ie:-no jv's entered in fy08-09 and the payment made fy09.10, what shall i do now...........................

please tell me any one

thanking you