When I make provision for expense at year end the balance should reflect just the which will be clubbed with the opening provision so the balance will be nil.

eg: electricity bill period is suppose 15th march to 15th april is Rs. 1000 /- so I make 15 days provision for march Rs. 500/- in the year end 31/3/2014 and balance Rs. 500/- for april 15 days I pass the entry in next year and the total of the two will be equal to Rs, 1000 /- the amount paid and will be nil.
but in my books due to excess paymentits showing debit balance what to do please help

hi what is the average AGE of an Indian students who appear for ca final . I'm an engineering dropout due to some family problems and now I teach maths for 9th 10th and b com students and I'm considering ca as a carrier option PS : I'm good with numbers

wht is concept of charging 100% depreciation on asset whose real value is less than 5000

what is ppp for railway

Do we have to capitalize the expense towards creation of website of a firm?

Dear Friends,

we are manufacturers cum exporter. we manufacture goods and export its. when we export goods we submit triplicate excise invoice in excise. and booked sales form excise invoice. But our auditors ask me why you book sales form excise invoice. He told that we have to booked sales as per shiping bill Amount. e.g we sales goods make excise invoice of Rs. 115/- and we book sale with Rs. 112.36/- now auditor telling that as per shipping bill Amt. spouse that USD 2@60 =120
So Please advise me which is correct process.

Hi, I am working with Pvt Ltd Co. there we had purchased 1 camera on dated 27/09/2012 Rs. 6650/-. This camera we had booked in fixed asset. Now the camera has been misplaced by employee. so we recovered full amount of camera Rs. 6650/- from emoloyees salary(recovered date is 31/12/2013. my question is what would be the depreciation amount and journal entry for this? Please reply me your answer. i am awating....

Under which head entry to be pass for Expenditure incurred by company for attaining seminar by their employees?

sir pl gide me the turnover limit to audit books for business done by proprietor , partnerships, company, firm etc

if asset is installed in 12-13 bt full payment is made in 13-14..dep wil start from which year