What is the rate of service tax w.e.f. 1st April 2015???

I need reason

why closing Stock was not appearing in Trail balance (only Opening Stock)


why closing sock was showed two times in P&L and Balance Sheet

In FMCG industry, many companies purchase from 3rd party and also manufacture same products at their units. In such case, should we treat the product as purchased finished goods as shown in cost sheet as per CRA-1 or costing standard or treat them as trading goods.

Hello everybody,
I have prepared a balance sheet after putting in all the necessary purchase, sale, payment, receipts entry into the system. I have also created stock item with purchase and sale value, and after putting in all the entries correctly, I got a "Difference in opening balance" showing it on the liabilities side of my Balance sheet. Can anyone tell me, how to rectify it? and how it is caused? One solution given to me was increasing the capital account opening balance by the amount shown as difference in opening balance.

Is there any loop hole or mistake in AS 19???? That the institute is planning to revise this AS in future???

Closing stock is real account then why it is coming in trading account ????

Whether Revenue can be Recognised without raising invoice?

what one accontant shold do to trace prepaid(online payment) transactions in case of company like flipcart. how can we trace with sale invoices. neither we can trace from bank statement properly as trasactions are large. what measures a accontant shold do & and what necessayr helps he shold take from other departments like marketing.

transaction is telephone wire purchased 1160 vat14% 163 - total 1323 from balwant store

Which is the correct entry for the entity. If the entity is in the goods sell category and avails inputvat.

1 office R & M 1160 input vat 163 TO Balwant store 1323

2 office R & M 1323 TO Balwant store 1323

Sir I want to know that if we purchase Windows 8 to upgrade older version than it should be capitalise...???? Or it will be revenue expenditure as it is replacement of item.??? plz clarify me on this.