Dear Sir we have POS terminal and we accept credit cards for sales what will be the accounting entry for this... Sale Amt 2000 Credit Card Commission @ 2℅ Bank A/c dr 1960 Bank commission dr 40 To sales 2000 is it a correct entry... :-)

Hi Experts,Suppose we are paying rent of 140000/- per month TDS should be done every month or it can be deducted in Feb 18 and Mar 18

Sir/Maam,
I have to give some amount to my two three friend which I borrowed from them in my sisters wedding. Total amount is around 3 Lacs. How can I re-pay then so that we all do not fetch any tax complication.

I got all the amount in cash from them

What should be the GST rate for restaurent business?

is proposed dividend our liability for F.Y. 2016-17 for a company ?
what is treatment of provision for proposed dividend?

Dear Experts
A trading firm is Paying Rent of 38000 per month.
Firm deducted tds on rate of 10 percent and paid 38000 - 3800 = 34200 to owner by cheque and paid tds of 3800 through cash in bank Please tell me journal entry about all these steps and also tell under which account head tds deducted should open in accounting software

Are there any changes in the Directors Report , Auditors Report , Notes on Accounts and/or the body of the Balance Sheet and Profit and Loss statements in the F.Y. 2016-17 from the previous year 2015-16.

Hello,

Humari Company Ne donation di tau uski entry kese hogi tally mein (Payment and Journal)

ABC READING SOCIETY(NGO)
Donation by cheque
Paid: 5000/-

I'd like to know if it is mandatory to capitalise or show as expenses an asset having value more than Rs.5000. Please.

What will be account head for:-

1. stamp paper for affidavit
2. charges of Notary Public for affidavit & attestation of documents
3. Tender paper cost