Accounts QnA [Resolved]

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Guest

This Query has 1 replies

28 January 2025 at 17:45

BANK ACCOUNT DORMANT SINCE LONG

Hello All,
I am having a Bank A/c. in our Company's Name, it is showing Dr. Balance since last 5 years and Bank is not co-operating for the closure process... How to close it in my Books of Accounts...??

musabbir

This Query has 1 replies

28 January 2025 at 11:09

Regarding transfer of Mutual Fund to Charitable Trust Account

We wanted to know if any individual wanted to donate his mutual fund investment portfolio to our trust. Can we accept the same as donation in kind.

sachin bomadandi

This Query has 1 replies

27 January 2025 at 16:32

Assets related

Inverter ups falls which under asset

Daya

This Query has 2 replies

25 January 2025 at 20:35

Whether Net profit or Net loss come in Trial Balance

whether Net profit or Net Loss come in trial Balance.

Daya

This Query has 1 replies

25 January 2025 at 20:15

Accounting group on 31st March

Dr or Cr. balance on 31st March of cash credit and overdraft
what will be the accounting group in the both case.

Daya

This Query has 1 replies

25 January 2025 at 20:08

Dr. and cr. balance on 31st March

whether interest on cash credit charges on monthly basis
Dr. Balance or Cr. Balance on 31st March, what will be the accounting group on 31st March.
What will be paper require for cash credit on monthly basis.
please reply

Daya

This Query has 1 replies

25 January 2025 at 19:52

Whether interest on overdraft charged on monthly basis

whether interest on overdraft is charged on Monthly basis.
whether may be on 31st March Dr. Balance or Cr. Balance.
And what would be the accounting group if Dr. and Cr. Balance on 31st March.

Daya

This Query has 1 replies

25 January 2025 at 19:27

What is meaning of written back and write off

written Back and write off in accounting terms.

Daya

This Query has 1 replies

25 January 2025 at 13:43

Accounting treatment of trade discount and cash discount

what will be the accounting treatment of Trade discount and cash discount for
Discount Given
Discount Received
whether discount given should be part of other expenses
discount received should be part of indirect income.
please reply

Daya

This Query has 1 replies

25 January 2025 at 13:18

How to make journal entry of pre-operative expenses or Deferred revenue expenses

How to make Journal entry of pre-operative expenses and deffer-ed revenue expenses ( what would be the accounting group)
if expenses for Total preoperative expenses = Rs.50,00,000
if Expenses for Total deffer-ed revenue expenses =Rs. 10 Crore for 5 Years.