What are the disclosure requirement as per AS 19 for lessor.

Hello sir

Please help me calculate networth from the following data given in a balance sheet

Current assets-3 crores
Fixed assets&cwip-1 cr
Other non current assets,assets held for sale&other financial assets-1 crore
Current assets,investments & tangible assets-11 cr

Current liabilities-1 cr
Other current liabilities,Non current liabilities,provisions,equity-2 cr
Accumulated losses-4 cr

Please guide

Dear Sir

Due to fire some stock has been burnt. i have made the entry in tally and reduce the purchase of Rs.96400/-
But how to reduce stock wise item from tally which the value of Rs.96400/- ( near about 250 packet of chips)

Dear sir /madam
My sundry creditors is showing debit balance due to unavaliable of bills .I have made the payements but invoices are not there.
How to pass entry to reconcile it ?
Urgent .
Thanks.

We are planning to convert our LLP into the Private Limited Company. Right now, in LLP, we are applying the Depreciation method as per Income Tax Act. Hence, at the block of asset level, we have the WDV. We do not have the asset wise value like Purchase cost and WDV.

How to treat the same while we convert the LLP into Private Limited company because as per the Companies Act, we need to follow the useful life method ?

Can anybody help in this matter?

Can One Man be Karta in Two HUF accounts, like as follows:

Big HUF – Husband (Kartha) and Wife
Small HUF – Husband (Kartha), Wife and 3 Children

Dear All, kindly let me know if below scenario is possible:

Beginning of year (R&S account): 10 lac
P&L for year: 15 lac profit
Dividend: 0
End of year (R&S account): 2.5 crore

If so, what can lead to this situation?
Thank you in advance.

There are three companies operating in a same premises. There are some common expenses incurred by one company. Nature of expenses are 1) Rent 2) Office maintenance etc. My question whether the company in whose name the billing has been received from vendor can "issue debit note to other company". There is no criteria of distribution of expenses If the Debit note can be issued then whether GST would be applicable for the issue of debit note.

One of our Client, having status of Private Limited Co., doing business of online balance transfer to the venders. The company first received Cash/Bank from their all vender party and in turn the company transfer the balance in wallet of the vender A/c.

Quary..
1.Should the Cash/Bank amount received from vender be considered as a turnover in P & L A/c?
2.or only commission received from the wallet company is to be treated as direct income and not to shown the cash turnover in p& L A/c?
3.Since company is liable to to pay GST only on commission invoice issued to wallet company, now if we show the turnover of Cash/Bank (which is not liable to GST) department may raised the quary, that your turnover is more in p&l A/c compair to 3B??

While calculating stock reserve what is logic behind the byforcation of transfer and expenses.