Depreciation JE Depreciation A/c Dr
To Accumulated Depreciation Cr
If we record depreciation under direct or indirect expenses as per usage of organisation.
Accumulated depreciation will be record under which parent head? Please explain me with the reason...

Hello All
My client has made FDR for Rs 109000/- in March 2015. Now in March 2016 he reinvested the amount of maturity amount of Rs.118855/-. What will be the entry of reinvestment of FDR amount in Tally?.
Pl give the entry.
Regards

In receivables management, while calculating invetsment in receivables we take total cost as a bse (variable cost + fixed cost)
in dat fixed cost should we consider depreciation aslo?
or we shall exclude depreciation and then calculate interset lost on investment in Drs?
which argument is valid :- 1) Depre should be excluded bcz its a non cahs expenditure
OR 2) Derpe is nothing but systematic allocation of fixed asset expenditure...so it should be inculded
Plz guide

Dear Expert...

Mr A is Proprietor of M/S XYZ Enterprise.

Mr A has taken personal loan of Rs 1,50,000/- from Bajaj Finance for has personal use.

and during the year he has repay loan amount Rs12500/- form has HDFC Bank.

What is Accounting Entry of thi whole Transaction in Tally.???

Plz Reply Expert????

under which head cheque pending for encashment is to be shown in balance sheet

Sir,

I am from BPO/KPO industry. Need the pricing model for this industry.

Please tell me how to solve the cash flow statement when balance sheet of type when net increase and decrease is given in the question.

Wheelchair purchased under what type of asset it should be recorded furniture and fixture or medical equipment

Dear Sir, A company have 2 directors. They owned the5-6 cars and RC is also on his names. They got a vehicle loan on it and that money directly came to company A/c from lenders. Auditor is showing as company Assets and getting benefits of Depreciation and other tax benefits. So please suggeat is he right , as per rules. kindly explain. Sanction letter is on the company name.

on 31st march 2001, the closing stock of X ltd was rs. 345000. on 1st april 2001, stock of 225000 was destroyed by fire . if the balance sheet of the company on 31st march 2001 was finalised on 25th april, 2001 then the balance sheet will show closing at 345000. my doubt is whether this loss is disclosed in footnotes of balance sheet or not....