Dear Expert,
we are preparing a cash flow statement as per AS 3(revised) if applicable to the company and balance sheet as per the schedule III of company act 2013. My question is "whether cash and cash equivalent as per cash flow statement should be equal to cash and cash equivalent as per the balance sheet" ???. should we link the cash and cash equivalent from the cash flow statement to balance sheet at the time of preparing the financial statement ???. Please clarify me if agreed or disagreed with the above statement.

Thanks.

Sir,
When i checked my bank statement for the month of March 19, i found that Rs.1000 wrongly credited by bank. please suggest me what is the treatment of the above amount in the accounts during annual closing.
1. can i take this amount in the head of 'suspense account' during closing or

EXCHANGE RATES WHERE TO FIND OUT FOR 31-03-2019

Google business mails purchase
Which Head of Account to be account ?

sir,

Experts can any body tell about company public interest or company public not interest.

Hello Expert

Sir we are a importer. Some shipment of march 2019 release from custom department in April 2019 and Invoice of some expenses relating to these shipment like as shipping line charges were generated in month of March 2019.

kindly suggest to me when theses expenses enter in books of accounts in March 2019 or April 2019(when we book purchase after release of shipment from custom department) ?

Dear Sir

We have issued a cheque to party on today. But it will be clear from bank by Tuesday. Kindly advise how i make the entry in busy.

Thank you

Travelling expenses accounting Entry
Query
If one Company's Director is also partner in another firm.

Another Partner's have travel for business purpose & payment was done by director on behalf of another partner's. Payment done through credit card (credit card register with Director company Accounts)

What entry pass in Director's company account & Partner's firm books of accounts.

our firm 100 % paid in advance by us $ in two installment and goods received after 10 days of final payment.
then what would be the purchase value ?

is value determined by the advance payment date (two installment ).
or value determined by the goods clearing date by the custom i.e. Bill of Entry date .

Sir,

I am a salary person & having a small garment shop as proprietor..
Please advice can prepare balance sheet only for shop accounts or include my salary & Market trading with combined.

Kushagra Pradhan