manjeeta modi
This Query has 3 replies

This Query has 3 replies

02 June 2021 at 10:03

Rented property issues

Hello, everyone..... Good Morning.......

My Company incurred a big amount of contraction expense on rented premises and lease period is 3 years.
now my ques is how can I book these expense ...........

kindly suggest an appropriate accounting method........

thanks in advance


Dikshit Shah
This Query has 3 replies

This Query has 3 replies

01 June 2021 at 14:51

Accounting Entry For Export

Dear Sir/Madam,

Good Afternoon!

Please Share Accounting Entry For Below Transaction.

We Have Export Plastic Recycling Machine Blades As Sample (Not Sale). Now We Have Send Material By Air And We Have Issue Invoice With Regular Sales Invoice number Invoice Value Is 250USD And INR 18,263.00.

So my Question Is How Can I Am Pass This Sales Entry (Because Its A Sample Material) And Also Can I Show This Transaction In GST.


sugadeesh
This Query has 1 replies

This Query has 1 replies

Respected Sir/Madam,

Greetings for the day. How are you All ?? Hope 'All are you Safe and All should be going Well at you End ??

I need more 'Clarity/Information' on:-

1) When a 'Sales and Purchase' Transactions take place and "Cr.Notes & a Debit Notes" is Involved:- Where does this 'Both get's Impacted / Affects as Well as Appears' in our "Books of Accounts" like:- 'in Trial Balance (or) P & L A/c (or) Balance Sheet' and 'What is the Treatment given against this '2' Notes............??

2) What will be the 'Effects / Treatment / Rules' in GST' Scenario ??

Can 'You Please throw Me more Lights (Clarity) on this recent Query.........' ??

Request to "Treat it as most Urgent and kindly give your Valuable Reply."

Be Safe and Take Care of You and Your Family.

May God bless Abundantly, be with All and have Mercy on All of Us.


Thanks and Regards
S.Sugadeesh Kumar


sugadeesh
This Query has 1 replies

This Query has 1 replies

Respected Sir/Madam,


Greetings.

I really 'Thank you Thank you Thank Both of You' for your 'Concern; Valuable Time; Effort ; Sharing your Reply.' How so Kind both of You.

I understand 'but' the things is 'Sorry'---> I need more 'Clarity/Clarification' on:-

1) When a 'Sales' Transaction is Involved:- What is Cr.Note & a Debit Note ?? :-

"In this Scenario---> Where does this 'Both Impacts / Affects / Appears' in our "Books of Accounts." Like:- 'In P & L A/c; Balance Sheet' and 'What is the Treatment given against this '2' Notes............?? Secondly:- What will be the 'Effect / Treatment' in GST' Part also ?

2) When a 'Purchases' is Involved:- What is a Cr.Note & Debit Note ??

"In this Scenario also---> Where does this 'Both Impacts / Affects / Appears' in our "Books of Accounts." Like:- 'In P & L A/c; Balance Sheet' and 'What is the Treatment given against this '2' Notes............?? Secondly:- What will be the 'Effect / Treatment' in GST' Part also ?

Can 'You Please throw More Clarity on my recent Query.........' ??

Request to "Treat it as most Urgent and I look forward for your Valuable Reply."

Be Safe and Take Care of You and Your Family Always.

May God bless Abundantly and have Mercy on All of Us.


Thanks and Regards
S.Sugadeesh Kumar


SHIVAM JHUNJHUNWALA
This Query has 6 replies

This Query has 6 replies

29 May 2021 at 09:30

P&l appropriation iod

sir where does interest on drawings goes i.e. whether to p&L or p&l appropriation a/c.......morever how can a partner give loan to partnership or receive rent from partnership for use of his land by paertnership as partnership is not a separate legal entity. so partner and partnership is one and the same.. so how can one given loan/or rent to himelf.


Kollipara Sundaraiah
This Query has 1 replies

This Query has 1 replies

28 May 2021 at 20:27

Penalty for hospital

Sir,
A doctor running a private hospital treatment covid-19 patients in hospital.if a hospital penalty some amount pay to government.
Question:
Assess penalty pay amount treatment (show in business expenses or not business expenses ) procedure in accounting books in it act.


Vipul Acharya
This Query has 3 replies

This Query has 3 replies

Dear Sir,

We have taken insurance against import of machinery on 12.03.2021 but machinery in actual received on 12.05.21 (due to ocean transit)

Now, where to book Rs. 10000 /- Insurance Expense in FY 2020-21 or FY 2021-22,


sugadeesh
This Query has 4 replies

This Query has 4 replies

Respected Sir/Madam,

Greetings for the day.

How are you All ?? Hope All is well and going Well at your End ??

Can anyone Please inform, clarify as Well as reply reg.:-

1) When a 'Sales' Transaction is Involved:- What is Cr.Note & a Debit Note ??

2) When a 'Purchases' is Involved:- What is a Cr.Note & Debit Note ??

3) And 'in Both the Aspects':- Sales & Purchases'---> This "Cr. Note & Debit Notes"---> What are the Impacts in our Books of Accounts ?? Where does it all appear and affects ?? Why ??

Could you please explain. Kindly treat it as 'Very Urgent' and Please do the needful.

Be Safe and Take Care.

Thanks and Regards
S.Sugadeesh Kumar
9840962347


PANDIAN BRIGHT
This Query has 1 replies

This Query has 1 replies

28 May 2021 at 13:28

AGRI INCOME IN TALLY

MY CLIENT IS EARNING INCOME FROM BUSINESS AS WELL AS HE EARNS AGRICULTURE INCOME ALSO.HOW TO MAKE AN ENTRY FOR AGRI INCOME IN TALLY. PLEASE CLARIFY


Hiru Dada
This Query has 3 replies

This Query has 3 replies

we have paid gps tracker device rent per month please let me know which expenses we have debit and % of tds deduct






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