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

how do we distinguish change in method of accounting from change in accounting policy.

say I have sold goods worth $100 on 1.1.16 and I m going to receive the same on 30.6.16. spot Rs 65 Now, I have entered into forward contract with SBI to sell $100 at Rs. 67 As on 31.3.16 how I m going to reinstate my debtors.

what is the accoubting treatmnt of gas subsidy

AS PER COMPANY POLICY I HAVE GIVE EMPLOYEE 4500 RS. PETROL ALLOWANCE & 1000 RS. MOBILE ALLOWANCE FIX PER MONTH. THEN THIS IS COMPULSORY TO COLLECT SUCH BILLS FROM THEM. AS PER IT RULES 1600 RS. ALLOWANCE ELIGIBLE FOR EMPLOYEE. IF EMPLOYEE WOULD GIVE COMPLETE BILLS AS PER ABOVE AMOUNT THEN WHAT IS THE CONVEYANCE CRITERIA LIABLE FOR THEM.

Dear All,

our company is in film industry, and we have purchased rights as stock for 5-6 years to broadcast programme on television. We have 2 companies dealing same business. Deal All, My query is we are not maintain stock in inventory because rights purchased is invisible. We are directly put stock amount in closing stock on 31.03.2XXX. I have to transfer my closing stock from one company to other company for broadcasting. How to pass journal entry to stock transfer? because inventory not maintained stock transfer entry can't pass in stock journal. Could be adjustment in reverse purchase entry. Please reply

Regards
Aruna

Hi Experts

Mr. A owned a building & is partner in ABC firm.

Mr. A has given building on rent to ABC firm @ 12250 PM

But has not received rent for entire period of 2015-16 due to crisis in business.

1) Can Firm shows entire O/s rent at 31.03.2016 in its books?
2) Is Mr. A is required to show rental income while filing ITR? as he has not received any such rent?


Thanks

whether as and ind as both applicable for Nov 2016 ca final.

my name is piyush sharma i m from ghaziabad and i m bcom 3rd year undergraduate which result is awaited i want to learn and work in accounting please any requirement for fresher so please call me on this no. 9717139096