Hello Sir/madam,
Now a days Savings a/c have one facility of auto sweep.
i want to know that how it appears in books of a/c of individual...
and what about its interest?

plz ans.

We have taken a term loan from bank. the bankers are debiting monthly the interest amount in the term loan. We are paying the interest from our current account. Kindly give us the entries to be passed in term loan account and current account.

kindly explain the treatment for transferring capital reduction account closing debit balance and credit balance.
answer illustrated with a journal entry would be helpful. thank you

I want a job in accounting field, I am b.com pass and presently working in a call firm. salary 9.5k. experience 6 month

I paid an advance amount to a travel agent for booking of tickets of our board members but the ticket was less then the amount paid. The travel agent refunded the amount through cheque while we deposited the cheque in bank into our FC account. the bank is not crediting the procees in our FC account and saying that this is local fund. while we paid the amount to travel agent through our FC aaccount. please guide to me on this issue. and under which section of FCRA it can be deposited in our FC account. thanks

Dear Sir/Maam, I have registered for Cpt course on 25/07/2011 and had not appeared for exams and my registration is expired. I have completed B.com with 70%. Now i have to register under direct entry scheme or conversion scheme for existing CA Students???

Restaurant under Trust 1. Installation charges paid towards installation of a fixed assets on a rented premises will also be capitalised or not. -Control Panel - Rs. 106000/- -Installation Charges* - Rs 60,000/- *Installation Charges include all boards, plugs, wire etc. total wiring of restaurant was changed and connected with control panel. -CCTV - Rs. 50000/- - wiring etc. - Rs. 29000/-

Dear Sir/Ma'am, today i.e., 6/08/2014 I am registering for ipcc under direct entry scheme. will i be eligible to write exam in May 2015??? I have to register for articleship after getting my registration number or I can register after undergoing ITT and OT???

Dear Sir,

Are Website development charges to be capitalised?

No orders are received on the website.

Only for informative purpose, the same is further developed.

Is it possible to file 12-13 A/Y , after filing 13-14A/Y, of the same assessee