I have query. I prepared balancesheet for current month. I found current month balancesheet value is less than last month. My boss said this can never happen balance sheet value never reduces

Somebody please suggest me some book which contains questions based on accounting standards for practice.

Hi,
I want to understand he difference in treatment of Proposed dividend, declared dividend, final and interim dividend and Dividend paid while preparing consolidated financial statements.

I have seen in some problems that while dividend paid is reduced from pre-acquisition profits(while doing analysis of profits), proposed dividend is not. However both of these are reduced from
Cost of investment while preparing Cost of Control. Is my understanding correct? Can you please tell the reason for this difference in treatment.

On the similar lines I want to understand treatment for other dividends too listed above.

I have been struggling with this for a long time. Request your help.

WHAT ARE THE STEPS / RPOCEDURES FOR MAINTAINING THE BOOKS OF ACCOUNTS FOR SCHOOLS AND COLLEGES

d/r sir,
I want to know that I am an accountant in a company, the boss have two company eltech and electromech.
sir I want to know that if we purchase goods from shant air ltd. for electromech and pay amount from eltech.
than party will clear but eltech has advance to supplier Because eltech has not any bill so how will clear these matter

sir,
we hereby briefing our interstate sales made in the month of oct, 14 from coimbatore tamilnadu to new Delhi, our products attract local tax at 5% and we have cleared our final product to party at new Delhi without C form at the rate of 5% CST. the translation has been completed from our side.
further while submission monthly return we forced by the Commercial Tax department that we have to reverse the ITC credit availed for that much value or quantity which we have cleared as interstate sales without C form even though payment of full rate of tax this as per Tamilnadu value added Tax rule 2006.
In this transaction we looser both side so kinldly of confer me your leagle openinon & logic of the applicalble rule.
Thanks

A person purchase a land in the year 1981 in 1,00000 and expent 11,00000 in construction of house on that land and sold it in the year 2014 at the amount of 25,00000 what is the capital gain and tax payable. explain in breif with formula.

One of my Clint purchased a machinery. the cost of machinery is 175000+taxes that is actual but the committee had dissed the cost of old machinery WDV is 20000 . when the company purchased new the cost of old machinery deducted from the cost of new machinery before vat calculation

cost of machinery is 175000
old machinery is 20000
total cost of new machine 155000
vat 14.5% 22475
total cost 177475
whether it is correct or not

Can i deduct the tds on motor boat expenses?
exp like remote assembly,oil, filter, engine oil, gear oil,spark plug,sail rop navigation light, mass wiring, water ampller etc. invoice amount is Rs.64926/-
please suggest me asap.


Thanks for ur valuable advice & guidance.

how to enter stock in tally erp 9?

sales stock, purchase stock & opening stock