Dear Sir/Madam

I have a query please solve it urgently..
if opening bal is 150000
cash sales = 120000
credit sale = 230000
selling price = 1205% on cost
closing stock = nil
purchase = ?

Sir I have opening balance of rs 28,00,000 OD BANK A/C when i put in opening balance it shows diff in opening balance how we should put corresponding entry in the liability side OR ANY OTHER SOLUTION

A LTD acquired 30% interest in B ltd for Rs 400000. At the date of acquisition the value of asset of B ltd stood at Rs 1200000 and external liabilities at Rs 200000. the fair value of the net asset was equal to their book value expect for land which appreciated by Rs 30000 and investment which depriciated by Rs 10000. calculate the value of Goodwill.

when I put in tally opening balance it shows diff in balance sheet for bank od account

how to tally excise a/c in tally erp9

An employee has made contribution towards PPF of Rs 200000/- on 2.10.14 on his wife & a child.
he is relieving from the company on 3rd September 2014, please let me know the eligibility of tax exemption for him for the financial year 2014-15.

Thanks & Regards,

Rajeshwari B

In dissolution problem I solved yesterday there was a concept which says Minor share in the losses of firm is only to the extent of his capital. In the problem minor was having unwithdrawn profits. And those profits were used to write of part of losses in realization A/c. And remaining loss was shared by other major partners. I wanted to know which section it is because I read the bare act it says minor has only share in the profits but there was no mention about his share in loss is extent to his capital.

what is right issue and bonus issue

turnover for service tax if bill total rs100 .70% material 30% labour charge pls tell Service tax Asseable value Vat Asseable value both

Hi,
I have joined as an accountant in a trading company. The company deals with sale of all kitchen appliances, utensils & provisionary items of all kinds. How to accomodate all these products/line items in Tally.ERP9

Please help