sir, If at this days i have Income & Expenditure A/c and capital a/c of last year how i take opening balance to prepare a/c of the client .

client have bank bal as per bank statement 11882.00

e.g client capital a/c

To withdrawals 14854 By op. bal 14835

To closing bal 31650 By net proft 31669

total 46504 total 46504

I want to know how to pass journal entry for making advance for work to the party and it adjustment at the time of final payment

How to do a trail balance without opening balances Manually.

if a company give their products as sample to their customer as advertisement , what will be the Journal Entry in Practical life and kindly explain the Account heads need to be open. what i think

Advertisement a/c ............dr
to purchase a/c

the company maintain their accounts in Tally with inventory . kindly correct me if i am wrong

How revenue is recognized when developments rights of land are transferred for the future consideration like some % of sale of built up area ?

IF ANY PERSON REGISTER WITH EXCISE THEN IT IS COMPLUSSARY TO REGISTER WITH SERVICE TAX AND LIABLE TO PAY SERVICE TAX ON GOODS TRANSPORT AGENCY??

while sending the material to customer few part damage due to road accident. so now how to be treat and consider in our books of account and could we avil ED and tax amount for damage part. second what documents required during claim the insurance of damage part.

Dear sir
we are buyer. in f.y. 2014-15 we din't show some purchase bill.how reconcile in f.y. 2015-16. (i mean how to show purchase in this year), plz help me.

Thanks

I have a firm and I made investment in F.y 15-16 in some other business(firm).Accordingly they gave me interest of Rs.50 lac in that year and they also deduct TDS of Rs.5 lac in that year.But they didnt pay me the rest of the amount which is Rs.45 lac.
HOW WILL I MAKE THIS ENTRY IN TALLY?

Hi

Please let me know when we should raise sales invoice and record it in books of accounts in following 2 cases:

1. When seller assumes the risk of delivery till buyer's place?
2. When seller assumes the risk till dispatch of goods?

Any help in this regard will be highly appreciated.