Do provide accounting for Letter of Credit

Dear Sir,

Good Morning,

Now my question is releted to Networth.

In Networth, how's Defeered Tax Lia. or Ass. affect.

Thanks,

Ronak

my company has paid gratuity to its employee on the basis of actual payment . what will be its treatment in books of accounts.will tds be deducted while making the payment and if yes then at what rate

would the treatment be different in case if only amt is due without acturial valuation and not the actual payment made.

How to make provision of gratuity in Accounts for every year? Tell me sir full Calculation details.

If a trader in commodities with actual investment of Rs 1,00,000/- but with a turnover of Rs 1,00,00,000/- and loss of Rs 5,00,000/-. Will he have to get his books of accounts audited?
If not how will the sales be accounted for?

The Godown of A has rented out to B of Rs.72,000 & B is not using the same godown. B has rented out the godown to C. C is using the Godown & paid rent to B after deducting TDS @17%. How much amount B will pay to A & what is the rate of TDS (Here, A has made agreement with B to receive of Rs.72000 as rent. If the system is wrong what is actual system? Kindly reply.

Dear all,

I am working in Manufacturing industry in Costing Dept. Now, my working scope is expanding to accounts also. But, I am not very comfortable with Debit / Credit concepts. Can you suggest any good book to easily understand the accounting concepts right from posting Debit/Credit entries to finalisation of accounts ..?

waiting for your reply.

Can u tell me what were the rates of gold on 31-03-09

For whom is it necessary to maintain books of Accounts?

what is manufacturing , Which Good include in this co. like trading material,