A company will have to pay these expenses below to a supervisor on site. below is the bill given by supervisor occurred expenses on site.
BILL is below:-

Labour charges 2420
Helper 4250
repairing expenses 1215
Previous balance of supervisor will be paid by company.

Company paid only 8000 in Cash &
balance will be paid by company Rs:- 2705

What would be its journal entry in the books of company?

Dear sir

My company was taken new building for rent.
it is office purpose.So we need to purchase electrical items and ceiling work.My doubt is those items expenses are fixed assets or expenses.
Anyone please inform me.

Thanks in advance.

Srinivas

How can be Bifurcation will made For more than six month and less than six month debtore???,
if in B/s opening Balance will 10000 as on 01/03/2014 and payment received of Rs 4000 on 02/12/2013 and closing balance 6000,, then how it will be treated as more than 6 month or less than six month?

if we have to pay to supplier then they are called creditor and recorded on the liability side of b/s. how to treat if now no longer going to pay to them.i.e(such as bad debt for debtors then what for creditor)



please reply soon.....

Dear Sir,

I have three queries please guide me

1. Purchase import $ 100, Item 100 Pens ($1 = Rs. 50)

2. Payment of above Transacion than $1 = Rs. 45

3. What is Closing Stock Entry. how to pass Stock Journal Entry

In our IPCC may 2014 exams a question is asked from previous syllabus ... can we are eligible for bonus marks

Sir

I have been paying an amount of Rs 16000 per month to a party after deducting 2% tds. I want to treat this as a contractual expense. Under which head should I book this. Can I treat this as an expense incurred for receiving any services like say for any computer related activity since ours is an IT firm dealing in BPO services and software testing.Which contract can I make

Thanks

Dear Sir
Please correct me if the formula is incorrect. I have calculated for gratuity for one of the employee resigned from the service, his total no.of years of work is 7 years. Now the company will be payable gratuity to him.

Basic salary * 15 * No.of Years of service / 26

Its an urgent. Please reply

Thanks in Advance

i have one client architect firm at the time of accounting i face a problem that a date of sales bill generation and its payment receipts are different on what date bill is enter? can anyone suggest me.. view through accounting on cash basis

Good Day,

Greetings for the Day.

Please suggest me the correct tally account head for the Marketing Services Received on Plot Sale of ours. For this we have to deduct TDS @ 10% is it not?

Kindly Clarify,

Thanks in Advance

M.Chandrasekharan