res sir,
kindly clarify me how many amount in cash received from my customer(before issued the invoice)

What is the accounting treatment for Site office building constructed at construction site, which will be demolished after completion of the project?

Whether it needs to be capitalized as Fixed Asset or debited to project cost?

We are facing issue at time of preparing Financial Statement .We have two branches and also maintain books of accounts separately.So We not understand how to consider Branch Transaction at time of preparing Financial Statement.
I requested u please provide reasonable solution regarding the same .

Dear Experts,
Please tell me, if Unregistered Service Provider Providing Security Services to Registered Company then RCM will be applicable.?
And what if, Service Provider is Registered.?
Thank you

If a company A acquires B as on 28th May, 2018, How should I prepare cash flow statement on 31st march, 2019? Should I take every assets and liabilities as on balance sheet date i.e. 31st march 2019 or Should I take only the effect of Net Assets taken over? 

Hello Sir,
I am working in a Pvt. Ltd. Company and a Mortgage Loan is taken by Company.
I am confused, how to pass journal entries.
In Bank Statement some amount is debited in the name of "SI Paid", then some amount is debited and credited too in the name of "Mortgage Link O/D Product".
And some amount debited in the name of "Applicable Tax and SI Paid" and the same amount is credited in the name of "Annual fee & GST"
These transactions are in recurring nature.
Please help me to pass journal entries.
Thank you in advance

I am a partner of a partnership firm. Can I take loan from my relative (other than father, mother, brother, sister & wife)?, then I invest in my partnership firm as a capital is it possible??? please advice me??

Hi,

Please help me out in this regard.

How to enter an entry for receipts in the personal account of proprietor.

Do I need to credit the capital account in the books of the firm or I need to show as receipts in personal account in the books of the firm?

All the previous receipts from the sale of service is into the personal account of proprietor( Even last year the receipts were in the personal account and ITR is filed from the details of the personal account only). Current account in the name of the firm is opened recently. As the proprietor is the owner of the company and the entire receipts have to be taxed in the name of the proprietor only. can I show that personal account details as it is in the books as personal account of proprietor??


Regards,
Reshma

We are planning to convert the existing LLP into Private Limited Company.

In the existing LLP, for fixed assets we follow the rates of depreciation as per the Income Tax Act,1961 i.e., on WDV. Individual asset value is not available.

Now, if the LLP is converted into Pvt. Ltd. , we need to follow the methods available as per the companies act. How to arrive the value of individual asset for assessing the balance useful life in this case?

If anybody know the process, please help.

Hi,

What is Accumulated Depreciation ? When to calculate.