we are a firm(distributor & agent). we are having four transport vechiles.we have paid road tax of Rs 20000 on them. i want to know,whether road taxes are taxes or expenses.In our account books,where we should include them.In duties & taxes a/c or indirect expenses a/c.

Dear Sir,

Our Firm is a Partnership Firm.We Have Expend Rs.17000.00 on Diwali Festival Celebaration with Gifts To Partys & Pooja Celebaration.Our Ac is in Tally pleases say all the Diwali Expenses what Ac should I Debit for Cash.Please guide me for Proper Expense Head.


Regards

I WANT TO ABOUT CA-FINAL EXAMS THAT IN FINAL EXAMS, FULL IFRS IS TO BE ASKED OR JUST COMPARISION WITH ACCOUNTING STANDARDS IS TO BE ASKED?

WE billed August 2009 for 2 candidate recruitment fees but one candidate left job . we have to raise only one person recrutiement fees; we already file the service tax return can we change bill or issue credit note

i requested you if u submitted their excel files such as income tax, pf form 12a, ESI, SERVICE TAX Etc. please do not protect it and do not create a password...isse better hai ki aap log file submitt hi na kiya karo...

plese do the needful.....
regards
saurabh

Our Company Sale 5000 no of bag @100/- each to A Ltd. In which 4000 bag have received to party but 1000 bag still in transit ( i.e. Goods in Transit )

what should be ledger entry of this transacton in Our Books and Where Goods in Transit should be shown in Balance Sheet.

and also where this goods in transit will be shown by A ltd in their balance sheet too

If director give cash to company for office exps.
what is the accounting treatment?

if company take money from his employee from his salary and exps incurred in office exps?
what is the accounting treatment.

what is revenue?
what is expense?
what is income?
what is gain?
what is profit?
what is loss?

what is impairment of assets?
when there is depreciation, ammortisation then impairment of assets is required?
what is the difference between amortization, depreciation and impairment of assets??

Hi

I came to know that some banks offer sweep-in facility whereby I can get FD interest rate and Savings account Liquidity .

I was wondering since it is such a good facility why not all customers go for this feature ..

I was trying to figure out if there is any hidden clause in it . Tried researching myself but couldn't find any resources .

Could you please help me

Thanks