Dear Expert,

please let me know, what should be journal entry for debit note issued for change in terms of agreement or for supplying inferior quality goods.
We are not returning the goods so purchase return will not be credited.

What will be entry?
creditor a/c Dr
To -------------?

hello. i m teaching to a childrens upto 8th standard and i m getting fees in cash. so how to maintain accounts of this income in tally. and how much income is exmpted to income tax

What is the exect difference between Contingent Liabilities and Commitments? Can anybody explain it with proper example....Experts plz help

can a bank overdraft be taken more than the paid up capital of the company..

Dear sir,
I have a query in Tally ERP 9.
I have entered all openning balance of ledgers in correct manner, but in the balance sheet there is showing a difference in openning balance on liabilities side.
What this balance indicates ???
Kindly awaited for your reply!!!

In case of joint bank account , in whose hand bank interest will be taxable and in whose account it will be shown in asset side .

one of our employees who is given salary for this Month Rs. 14500 vide cheque.His actual salary is 13000/m.he has given the company Rs. 1500 back now.how to adjust this cash kindly help.

Good afternoon Experts, I want to know whether my CA has filed our companies Tds return or not.Kindly tell me how can I check that online.

if at the incorporation the share capital is Rs.1,00,000 in cash and preliminary expenses are 45,000. now I will show 100,000 under share capital and 100,000 under cash. then how should I book the preliminary expenses of 45000. how my balance sheet will get tally????

I am a stockiest of cement and I want to sell 1000 bags of cement. Can I take old 500 & 1000 notes as cash payment for depositing in bank account . I don't have old cement stock . I want to sell the same from fresh stock.
please suggest