Dera sir,

I am service receiver of labour contract. The
contractor Provide me boll as follow :

Labour charge 100000
3 % service tax 750
2 % edu cess 15
1% h edu 8

As it comes under reverse charge

please specify journal entry

transactions of an organization are done through bank a/c which is in name of chairperson of that organisation, how to show it in balancesheet should it be bank account or any other head, please reply

if company or proprietor ship body sells fixed asset and if there is profit then what kind of that profit and wht would journal entry and for loss too

A company received Electricity bill for the month of March on April 10 and the date of bill is also of April 10. When should the bill be entered if the company follows mercantile system of accounting

Somebody has prepared balance sheet as per revised schedule vi in tally erp 9.....???if yes then can please provide pdf file indicating how to prepare notes in tally erp 9??

if some business related guest visit at my company or coming as guest and we made expenses says foodies and snacks....can i include it into staff welfare expenses?

Sir,
Plz. give the more information for debit note and credit note ans also send the format of debit note and credit note

May i know the depreciation method applicability into Intangible assets.

ABC Ltd. has expense out cenvat credit on service tax paid in last year and now wants to take credit in current year. My question is whether such credit taken in current year will be considered as Prior Period Income as per AS-5 and can be shown in the accounts as Prior Period Income????

1.AS PER ROC SCOOTER VALUE IN GROSS BLOCK-57500 AT THE YEAR ENDED 31.03.2014
2.DEP UP TO 31.03.2014 IS 48122.25
3.SOLD IN 16.04.2014 OF RS.6000
QUESTION-WHAT IS THE DEPRECIATION VALUE AS PER CO.ACT & IT ACT