i purchase a land in 1980 and now value of land has been increase. i want to report in balance sheet 2016. on such value i have to take in balance sheet as on 31.03.2016.

hi would request any body tell me the way of Church books of accounts and returns. In which accounting standard will come under thanks regards poorna chander

in constructed new building we fitting 1.Electricity item (wire, pvc pipe, electric goods) 2. Sanitary ware ( water pipe,bathroom fittings, etc.) so please suggest account head for both items, weather its capitalize in Building (WIP) or other heads.

Dear Expert ,

plz tell me car parking expenses comes under which head in accounting.i took under vehicle maintenance whether it is correct or not.Thanks in Advance

For calculating tax under MAT should i take 18.5% or the rate given in problem. Kindly help.


Indira K V

Dear All,
We are manufacturing foam mattresses. This year my company has decided to take bar code for the product. So, my query is :- (a) What is Bar Code & it gives benefit to the co. (b) Co has paid annual regn fees & other related charges to the agency, This amt i have to take in which head? Is it revenue / capital expenditure?

Pls explain me in details.

Thanks in advance

Anjan S. Mehta

i have received purchase bill after 2 year.how to pass journal entry current year and how to adjust these bill?

what is the difference between research and development and give explanation with practical example

Respected Experts, If a energy drinks proprietorship hires a salesman on salary and salesman go to different cities to sell energy drinks. and the firm gives him cash for 150 for lunch and 300 for fares. I want to know how this 450 shown in expenses. and what vouchers are required for this purpose to be maintained by firm should the firm required signed the voucher by salesman when they give him cash and what is the journal entries for this expenses

winning a car in lottery worth RS 456150 and tds has been deducted of RS 136845 and the person who has won the car has to pay the tax Amt as well as insurance and other charges aggregating to RS 269766 what should be the accounting treatment and tax effect of it