If any person has receieved gift of shares of Rs 5000000 from any other person,then what will be its accounting treatment??Secondly,If transferee has paid tranfer cost of Rs 100000 on that shares,then What would be the cost of the shares For transferee??plz rly.

Dear sir,

I would like to know whether salary can be paid to the proprietor of the business

I would like to know the reply
by today

thanking you

dhilip

is this possible to pass entries for future (like period of fixed deposit )in tally 0.9, will the entry came in the books at that future date automaticly, also it will not make effect on present books of accounts.

Hi

please tell me accounting treatment for this following events



Event 1-A Co. acquires acquires foreign currency ( say USD) in exchange for RS. ( say 1000 $ @ Rs. 50 per $ )

Event 2-Now they release this FC to one of their marketing officer for his foreign tour under imprest system. Say Co released 1000 $.

Event 3-One month later after touring the traveller surrendered 100$ and expense sheet for 900$.

Event 4 - Co. Exchanges 100 $ for Rs 48 .

Please write a/c entries for all 4 events !

thanks

An individual on approaching a Bank for loan, the Banker has asked for details of Capital account. As per Balance Sheet, in liabilities side, capital account, sundry creditor and loan recd. is shown, and tallied with assets side, with few amount available as cash in hand, at bank and balance in land and buldings. Now banker is asking for details of capital account. How to show and what does he mean by that Kindly guide me. This is urgent please.

Sir,
Whether AS-7 is applicable only for civil contractors? Or it is applicable for contracts other than civil contractors?

If it is not applicable to contractors other than civil contractors, where it is mentioned in AS-7?

If a service provider not perform the complete service contract and against this contract customer deduct a penalty or made payment with deduction then deduction amt treated as a discount(sale reversal) or sale expenditure

how to analyse the balance sheet and P&L?

which type of asset can be taken in fixed assets. whether heater, heat convector, calculator, can be taken in fixed assets. please clarify the fixed assets. whethere therei is any software for fixed assets

SIR,

CAN ANYONE SEND ME FORMT OF PROVISIONAL BALANCE SHEET FORMAT OF PARTNERSHIP FIRM

PLZ REPLY................IT IS URGENT

THANKS