SIR, I BOUGHT CC AVENUE SETUP PURCAHSE FOR BUSINESS PAYMENT FACILITY FOR CUSTOMER WORTH R. 32000/-. I WANT TO KNOW IN WHICH HEAD I PASS THIS ENTRY ASSETS OR BUSINESS PROMO. EXP. . & ALSO MAKES TDS LIABILITY FOR THE SAME OR NOT.

what is the difference between financial and performance gaurantee

What are the treatment of Discount given, Loss in Transit of goods, Expired goods written off, Debit balance of parties written off in cash flow statement ?
are all those non cash items or not?

Give reply as soon as. Thanks in advance

What is a accounting tratment of exps like share capital issue exps, court fee, transer fee etc. when any existing co. incurred for purchasing new co.?

Please let me know how to calculate depreciation under new act 2013. if useful life is overs then how to find WDV AS ON 31.03.2016 ---PLEASE GUIDE

EXAMPLE
FURNITURE & FIXTURES

DATE OF PURCHASE
21.02.2004 AMT: 6580.00 DEPRECIATION RATE FROM BEGINING @18.10% AND USEFULL LIFE 10 YEARS

Can a chartered accountant issue Net Worth Certificate if Net Worth is Negative ??

if yes can anyone please give me the format of the same ???

The Trust has sold a fixed asset at a value less than book value (loss). The point is that now can we claim that loss (debit to p & l A/c ).

If so, Section 11 of IT Act 1961 permits to do so.

Please guide me with this.

When I saw the account statement upto 29 feb. The closing balance upto 29 feb does not matches with the opening balance of 1st March. I am using Tally 7.2. Thanks in advance.

suppose a company had a pending litigation as at the reporting date 31/3/2016 and it was probable that the settlement would lead to an outflow of resources, so a provision had been made based on reliable estimate for Rs. 50k. The financial statements were approved on 15/5/2015, on which date the estimate for settlement was revised to Rs.55k, then on 30/5/2015 the claim was finally settled for Rs 57k. so what should be the amount of provision to be recognized as at the reporting date i.e. 31/3/2015.

Altd has entered into agreement with Mr. B tht B will make sales on behalf of Altd. A ltd sell product to B at Rs. 100 and then such goods are sold by B at Rs. 105... would A ltd recongnise such Rs. 5 as its revenue in its books of accounts ? Explain with the help of AS 9.