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Dear all
a dairy workning as division of IIMF(micro finance mutually aided cooperative society). A Producer Company incorporated and wants take over that division (assets and liabilities of diary). Please find Accounting Transactions to be made and tax impact for transer.
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sir i have handled two company 1st company having bank a/c and 2nd company not having bank a/c. so iwill payment in 1st companies creditor in 2nd company bank a/c. so what will be transfer entry in our both book.
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Dear All,
Can anyone tell me what is an Escrow account with a good example?
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Sir,
Mobile Phone (4 No.of Hand set worth Rs.14,000) purchased for Company Employees for official purpose. Where it comes ? whether Communication expenses (or) Fixed Assets-Office equipments.
Thanks
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R/sir,
i have received on security bill of Rs.15786.00 only sir, pan number not available so as per new tds rate for f-year 2009-10 how much tds deduct from this bill & when total bill amt over s50000.00
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How the accounts of travel agent can be maintained? whether it should be on Sale purchase of tickets or Net commission basis? and for tax audit we have to see gross salas or Net commission
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A ltd & B ltd r going to merge .new co. is C ltd,then J/E to trnsfr assets and liabilities is made ,then difference in Dr. is goodwill. if difference in Cr.is .......?
This Query has 3 replies
if partner pay firm expense his personal account then what will be entry in tally & reimburesement entry.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Transfer of division of a society to a Proudcer Company