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agreeement to sale a propwrty is entered on 27 march and token money of 4 lakhs is paid against full consideration of 25 lakhs which will be settled on 26 may nw question is how the property should b adjsted? wether it should be adjusted against 4 lakhs or rs 4 lakh should be shown as an advance to purchase the property on balance sheet date thanx in advance
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dear sir what is pf and epf?wht is thae rate for pf and epf?if we want to withdraw wht is the basis amount will be credited in our account?
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Sir,
some contracts are doing our company and raise the invoices after completion of works. but 31st march some works are in progress. those value against not raised in invoices.how to entry of work in progress closing balance in balance sheet.
plz suggest
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sir, we have received an demant notice for the year 12-13 and we have deposited the same with the department. now we are finalising the b/s for the yr ended 13-14. i want to know how to make accounting enteries & show this in p&l a/c or b/s. assessee is private ltd company
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how to enter closing stock in profit and loss. not maintains inventory. maintaining accounts only. my profit and loss account show gross loss . how to feed closing stock
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if cash come to business one date and deposit another date how it will treat ?
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Hello All
I want your valuable guidance. I have a LIC Policy in name and am making payment yearly. Kindly advise, whether I take the value of premium as an investment in Balance Sheet or I take it as a drawing each year? I have to increase my capital.
Which method will be beneficial and why?
Pl reply soon.
Regards & Thanks
Sanjay
This Query has 2 replies
tds on rent relates to jan to apr rs 30000 deducted and paid on 7th may. how to file the return it is possible to file return that amount in Q1 of this year. kindly give suggestion.
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