Bills receivable and bills payable are which account ?

Can anyone pls let me know about this point clearly.
The total amount to be drawn from such accumulated profits shall not exceed one-tenth of the sum of its paid-up share capital and free reserves as appearing in the latest audited financial statement.
It means that the amount to be paid as dividend should not excced 10 per of paid up capital & free reserves of last audited financial statements?

What is the difference between Profit and loss Adjustment A/c and Revaluation A/c in case of Reconstitution of a partnership firm.

we r seller & we entered wrong tax in two party One party actual tax 13.5% we entered 3%

other party Actual tax 1 % We entered 5%

So what we give these co debit note or credit note plz clear me

what will be the effect on the profit and loss account if provision relating to any expenditure is not made ? what is difference is directly debiting a loss/expense & debiting a provision ? can any one explain me pls.

What about Depreciation rate of an asset costing less than Rs. 5000/- as per Companies Act 2013?

Hello...
My query is... whether printer is included under the head computer or office equipment for the purpose of depreciation as per schedule II of Companies Act, 2013???

Dear Experts


X sells goods of Rs. 10000 to Y.
Y gives X a cheque of Rs. 10000.
X deposits cheque with bank but it is dishonoured.
Bank levies charges of Rs. 100.
X wishes to recover the charges from Y.


Entries in books of X


Y 10000
to sales 10000
(goods sold to Y)

Bank 10000
To Y 10000
(payment received from Y)

Y 10000
To Bank 10000
(cheque dishonoured)

Bank charges 100
to Bank 100
(bank charges levied by bank for dishonour)

I don't know how to pass rest of the entries of recovering bank charges from Y.


please help


regards

how to calculate WDV at a particular date when scrap value and life of asset is not known..??

thanks

if there is one invoice in which consulting fees and commission both are charged in a one bill .so forwarding letter and a2 and 15 ca and cb should be obtained separately for both payments or common documents for both the payments will do.