Hi all pls could you pls explain the difference between sub ledger and subsidiary accounts.

Hi,
I am having one doubt regarding Accrued or Outstanding Term.
Can we use Accrued term in case of expenses ? and if yes can any one come with concept.

Regards,
Nidhi

How does 'change in inventories' become a part of expenses under 'Profit and Loss Statement'?

We always tell that "income" is nominal bt I think income is the liability of business and business is liable to return this income to his owner and therefore it should be representative personal

cctv camera under which head in balancesheet cctv camera is funiture and fixture item or not

as we all know that there is difference between the accounting and taxation dep so can i charged my all the assets as per taxation rate b coz if i charged accounting dep then i have to calculate again it on taxation rate....

amalgamation entry in the books of transferor company sometimes transferee co is debited and all assets and liabilities are cancelled but in some questions transferee co is not debited how come this

Dear Sir
We have placed an order to import raw material and agreed rate was USD 38400 CIF Delhi and received the material now invoice value mentioned in Bill of entry is USD 38400 and 1 USD Value is Rs.68.0500. Bill of entry INR value mentioned is Rs.2639251+Rs.6,97,508/- (BCD, CVD & Additional Duty etc) i.e. total amount Rs. 33,36,759/-. secondly we have made payment after 90 days for USD 38400 for Rs.25,74,100/-

Please tell me purchase import entry with value as bill of entry value is higher than agreed rate.

Dear Expert,

We have took a unsecured loan from RBL bank, of amount-Rs. 10,00,000/-
Processing and Insurance on loan amount -Rs. 35,242/-
Amount Credit in my Bank Account -Rs.9,64,758/-

My Query is that How pass journal entry (With Group)

Hello, Why are loose tools considered as a part of inventory when inventory is something meant to be sold in ordinary course of business? And Why are loose tools NOT considered as a part of Current assets while calculating Current Ratio but it's considered as a part