Dear all

please tell me the entry for the salary ,EPF, ESIC.

dinesh

WHAT IS THE CURRENT RATE OF DEPRECIATION ON AIR CONDITION AS PER COMPANIES ACT AND AS PER IT ACT?

pls explain what is the limit of amount to be debited under the head misc exp as per schedule 6

Thanks Sanjay,

But Personel ac- dr-receiver and cr-giver
Real a/c-- dr-what comes in and cr- what goes out
Drawings means something is taken away by the prpritor.. so Drawings should be the real ac ...

Please clarify..

Regards

Hello All,

Drawings will come exactly in which a/c..
I.e Personel or real account

Regards

ONE OF OUR CLIENTS CAPITAL IN PARTNERSHI FIRM(CL. BAL ON 31/03/10) IS 240000/-

INVESTMENT IN HIS PERSONAL BAL. SHEET IS ALSO 240000/-.

HE WANTS TO CLOSE THE PARTNERSHIP FIRM THEN WHAT WILL BE ENTRY IN THE BOA OF THE PARTNER.

URGENTLY WAITING FOR REPLY.

My Client being an Individual engaged in admission consultancy services.

He has taken office on Rent.Subsequently he incurred certain expenses in relation to Furniture & Fixtures,Water Cooler machine and Electrical Fittings of Rs.32206/-,3300/- and 8217/-respectively.

Query is whether the same can be capitilised in books & charge Depreciation thereon or not.

Hi,

What are all accounts and files maintaining in Manufacturing company

DEAR ALL

PLS. HELP DIFFERENCE BETWEEN DUE AND ACCURED.

THANKS

K A K

(i)In case of Private Limited Company a Margin kept in the form of FDR/TDR by Banks against issue of LC/BG(i.e.Non- fund based facility)is to be where shown in schudeles forming part of B/S as per schdule VI requirements as per Companies Act.
(ii) Interest accured/ receivable on FDR with Banks.

My view is both has to be shown under Bank Balances as certain CA's are showing under Loans & Advances schedule while finalising Audited Accounts.

Please comments in this regard.