hey, I just wanted to know, is it sufficient for accounts to just self study at home from icai material instead of taking tuitions for IPCC? Please help

out of the opening inventory and closing inventory which is to be transferred to the trial balance ?

Hi Sir/Madam,

What are the license required to start super market in KAR/Bangalore.

I need the support.

Thanks
Vijay

DEAR SIR,

CURRENTLY I AM MAKING ENTRY AS PER BILL DATE IRRESPECTIVE OF THE DATE OF RECEIPT OF MATERIAL. WHICH DATE IS TAKEN INTO ACCOUNT, RECEIPT OF MATERIAL or BILL DATE.

GENERALLY WE GIVE C FORM AT THE DATE OF BILL DATE IRRESPECTIVE OF DATE OF RECEIPT OF MATERIAL.

KINDLY EXPLAIN WHICH DATE IS TAKEN INTO ACCOUNT FOR ACCOUNTING PURPOSE, DATE OF RECEIPT OF MATERIAL OR BILL DATE.

THANKS.

what are adjusted purchases and adjusted sales?

i have taken loan from bank Rs. 10 lakh. but paid us Rs 9,80,000 after deducting interest on loan. what is entry in books of account . we will paid this loan amount(p+i) in 12 month. plz advice all entry in books of accounts .

Dear Sir,
I am working in a pvt ltd co. whose business is a C&FA business.
we We take insurance policies to cover the risk of fire,stock,plant & machinery,vehicles etc.

1)The service tax paid on insurance premium to general insurance company can be available as input credit.
2)can we take credit of service tax against audit fees.
3)we filled the submit service tax return online for the period apr-12 to oct-12 but forgot to submit online,so status is showing save mode,in the meanwhile we submitted the hard copy to the department.
But now department is asking for penalty,can it be justified.

sir
i have a query that i purchased my goods in 5% sales tax rate. Now the sales tax has been increased to 8%. I have also purchased goods in 8% sales tax rate also.I want to know while doing stock valuation the cost of stocks how to calculate. i should consider the sales tax rate 8 or 5. should i bifercate the stock in 8% and 5% or should i calculate stock value only considering 8%.
please reply...........

Helo Friends,

My one client is partner in different firms he wants to transfer his capital from one firm to another firm without banking transaction. The entry through journal voucher can be treated as a valid entry according to accounting standard or not.

Please give your valuable comments!!!

Dear Experts,

Please guide me, we have a commerical Building in books after some time we repaire to building Rs. XYZ,

amount should be add in building or claim in expenses