we had issued a rent chq which the landlord forgot to deposit so now it reflecting in the opening balance. I want to reverse the entry but i cant reverse the bank entry as the chq was not deposited so it will not reflect in bank and also it is not reflecting in reco. earlier entry passed was party
to bank
and now i reversed it as
party
to rent expense
is it correct? it has opening cr balance.

Income Tax Payable by a partnership firm is an expense of the firm or not. Is income tax debited in profit and Loss A/c or Profit and Loss Appropriation A/c.

Can anyone suggest me good authors for IPCC both the groups for all the subjects?

How cost cutting helps in improving sales? and how cost cutting by a consultant is better than cost cut by an internal auditor?

i not clear ipcc in 3 attempt . i apply for may2015 but now time my college exam running & finished on 11april. so suggest me wht plan opt for study ya leave this attempt. plz suggest me?

we have capitalised some software on which depreciation has been claimed @ 20 % for 2 years , now this software is redundant and is of no use and can be write off in a full.

please advise can we do that

My factory is old by 15 year. Now i had did repairs & maintence exps Rs.10 lcas I want to expenses out this instead of capitalised Can i do ?

I am working in an organisation in Delhi. But i get salary from the sister concern of the main organisation and PF is not deducted as no. of employees in its sister concern are below 20.

I want to get salary from Main organisation in Delhi but it has PF applicability and i dont want PF deduction as my salary is less.Is is possible or any form is available where i can mention that i dont want PF facility.

hi,
what are changes have been happened in CA-IPCC accounts 1 And 2, because of New comapnies act 2013? for that suggest me any materilas please...
Iam fully confused

We are a freight forwarder in India & we have to make one payment to our overseas agent in USA towards airfreight charges.Is TDS is applicable for this payment if yes at what rate TDS should be deducted