.......................

Sir
Can partnership business can apply composition scheme. Kindly advise. Me..
And what is the turnover limit?

Hi,
kindly i request to you for a entry, how to capitalize of expenses.

HAI GUYS,

HOW TO ACCOUNT THE CHIT IN THE INDIVIDUAL BOOKS FOR THOSE WHO SUBSCRIBE THE CHIT.
ALSO HOW TO ACCOUNT THE PREMIUM PAYMENT AND DISCOUNT IN THE INDIVIDUAL BOOKS OF ACCOUNT?
AS OF MY OPINION AND VIEW IS TREAT AS INVESTMENT TILL PAYING THE MONTHLY PREMIUM PAID IN THE CURRENT ASSETS AND AFTER DISCOUNTING EITHER TREAT IT AS UNSECURED LOANS OR UNDER SUNDRY CREDITORS HEAD. IS IT CORRECT?

shall we capitalize expenses to purchase stock??

for example: timber purchased from farmer and expenses towards paid forest permit, cutting, freight, labour, etc. because upto now we didnot start sale of timber/furniture. can we capitalize to stock with above expenses>>??

sir,
I purchased 2 laptops on amazon and made bank payment.I returned 1 laptop and got refund for it.how do i record the return of laptop purchased.

A company has given an advance towards services to be rendered for next 12 months, the amount has already been received in the bank
for USD 100,000 how do it treat this in books ?

Please help me

Regards
Javed

Sir,
if X ltd issued a cheque on 15/9/2017 as donation.The cheque is not yet presented by the party.90 days time limit is already over.What journal entry should i pass now?

Respected Sir,

I want know Rate of depreciation as per
Companies Act on plant and machinery, pump, furniture,, computer, motor cars

under which head we need to book expenses on following item in tally while doing journal entry

1) If we purchase a credit card of rs 100
2) If we paid one time implementation fee for some application installed in computer

second question is
how to do journal entry for imprest account and under which head of balance sheet we need to take imprest account?