There is a case of need of working capital to the client who does not have stock .Take a case of news paper agency owners the whole of stock is sold the same day.How can they arrange funds for payment to the news papers company as the revenue collection is not so fast.

A contractor submitting labour & material invoices. labour invoice of 6000.00 in F.Y. 2014-15 & material invoice of 40000.00.

Should i deduct tds against labour invoice ?

Hi,Dear All
My company is a event co.so,
we buy the foreign dollars from Forex co.for event in foreign countries.for event expenses incurred there.
so,how to make the entries & foreign gain/loss? pls guide & show me solution wise.

RENT RECEIVED IN ADVANCE BY A HOTEL FROM THE CUSTOMER.AND WHEN THE ADVANCE IS FORFEITED WHAT SHOULD BE THE ENTRY..
AND HOW TO RECTIFIED IF THE CLIENT HAS NOT BEEN CREDITED FORFEITED AMOUNT IN p AND L AND JUST SHOWING IT IN BALANCE SHEET AS cUSTOMER ADVANCE A/C AND NOT WRITTING IT OFF

I am pursuing ca final and I had completed my articleship of 3.5 years and i had also worked in ca firm for 6 months whether this 4 years (3.5 +0.6) can be counted as experience for the post of accountant in National book trust, India in which required qualification is graduate degree plus 5 years accounting and bookkeeping experience in public sector org or private sector organisation of repute.

Dear Sir,
A Foreign company having 100% INDIAN SUBSIDIARY FOR ACTING AS DEVELPMENT CENTRE.
Indian Company provides input services to HO & then Ho process the input services & make final output services to client in outside india. Indian co. incurrs expenditure for salaries & office expenss.
The company provides software upgradation for agricultures industry outside india.

Question is how can we recognise revenue for indian company ?

Pls help.. a part. Firm has minor added to benefits.. till last year it was in losses n accounted for losses in p&l reserve instead of debiting to partners a/c.. This year firm has profits.. what shall i do.? First shall i adjust the profit from pre. Yr losses or distribute it to minor. if minor'share is to be given priority then how the balance profit shall be treated.? cr to p&l reserve or partners accounts. thnq

please tell me whether purchased goodwill is added to the assets while calculating capital employed?

AGM at shorter notice

if the date of signing the balance sheet is 29.08.2014. what will be the due date or maximum time limit of filing the same to ROC??