Sir, why we include full amount of direct expenses like carriage inwards and wages etc. in COST OF GOODS SOLD. My point is that these expenses should be proportionately distributed among COST OF GOODS SOLD and CLOSING STOCK.

Thanks in anticipation.

we are starting a new partnership firm from 15-Mar-2014

We have paid Professional fees 85000/- on 27-Mar-2014 & paid others small exps.

our turnover upto 31-Mar-2014 is zero.

can we liable to deduct TDS...?

kindly solve the confusion.

Respected Madam/Sir,

Kindly provide Journal entry of Bank Guarantee encashment in the books of both parties.

Thanks.

can anybody pkease explain me what is chapter 8421900 for excise duty I want to know about it

suppose on apr '15 we being a company receive a bill for the month of march '15 dated : 14.04.15 for a repairing job where tds is to be deducted how we should account for the same in the books. Also when the tds is to be deducted? . plz provide the journal entries

i m working in school
if we put fdr in bank suppose
dt.01/04/2015 FD amt-10 Lac int.rate 9 % for 3 yrs period maturity dt.01/03/2018 so what is entry in f.y.2015-16
how to entered accrued int.in 2015-16
and what is entry on maturity date.

Devendra

I am an entity doing business of textile. With increasing competition I have decided to develop a website for my company. Whether the expense of developing website is to be capitalised or expensed ?

Dear All,

Please can any one give your answers/rectifications on my below query.

We have deposited cash to our co (our co is pvt ltd) OD A/c for Rs. 3lacs, whether it's attracts any taxes as per companies act or what is the cash limit to deposit, but we have the cash balance in our books.

sir, my exam of c.a final in may 2017 ,please advice me how should I prepare for both group, which subjects should i start first ,thanks in advance

plz suggest me that how 2 get high marks & attend 100% paper? in my last attempt i couldn't complete my paper & maximum 25 marks ke question attend nhi kar payi . plz.... suggest how to attend 100% paper?