Sir.

We have made advance payment to exporter of UAE. And for making payment by bank to exporter they have deducted the conversion charges and some gst also imposed. Should I take the input credit of gst.

2.Is this entry put under indirect exp and what is the suitable to keep for this entry.

Regards

please help in accounting of rent of Mar-21 for which Tax Invoice Generated in
Apr-2021.
how should i do entry of invoice dated 15.04.21 for Rent of March-21.
Rent - 184500/- + GST-33210/- Total =217710/-

Thanks in advance

Sir, We Have Query Regarding , If We have Purchase Machinery From Dealer, But the Bank Disburse loan to Manufacturing Company . How We can Show / Book Entry of Loan account. & Whose Account Will be Credited.

I need to ask that that we have purchased stabiliser for office use. What is the head to be opened for this in booking in books.

2. If we purchase the laptop and mobile battery in the same bill. We capitalise the both the item ( laptop & battery) or expense battery & capitilise laptop.

whethr impairment of imported coal stock is to be valued and accounted for in the accounts of 2020-21? if so, what is the provision ?

Hello Sir/Madam
Requesting clarification

Is AS 10 applicable if a fixed asset like land is given on lease/rent to another person to construct a building upon it?
Reasons on why I considered AS 10 :
1. land is a fixed asset and held with intention of being used for the purpose of producing or providing services
2. addition or extension of capital nature to an existing asset (as the land is given on rent/lease )

Purchased vehicle on 30.11.20 for Rs. 33 lakhs. Vehicle met with accident on 26.03.21. Total loss claim received Rs.24 lakhs, scrap value received Rs.1 lakh, what is the accounting treatment and accounting entries for this. Kindly advice.

Hello members,
Requesting Clarification
A Landlord has given his Land to the Tenant (on rent) and he has constructed a Building upon it whether this scenario is to be considered as Lease or not, if so will it come under Finance or Operating Lease?
And if it not a lease what other provision is applicable?
Thank you in advance.

Under One Time Settlement Scheme, Bank has waived 20% of Total Loan Facility provided to a Company. How this has to be Accounted in the Books of the Company and reported in financial statements and which is the applicable accounting standard.

sir,
A doctor covid-19 patients treatment in hospital.patients fees collected charges mentioned below.
cash bill for one patients:
disifetional charges rs:400/-
Medical personnel rs:3400/-
ppe kit rs:500/-
Medicines rs:3500/-
lab charges rs:800/-
food chargers rs:400/-
total fees collections from patients rs:9000/-
question:
A doctor above fees received from patients accounting entries passed in books.