I need to know whether the LC opened for importing the goods with the bank for rs. 1000 will be entered in the books as bank OD?

A Proprietor Concern is doing an F&O, so for that purpose what entry has to be passed. It does not keep any margin with the broker. so Whether separate margin account has to be opened under which head?. What about the charges that has to be debited and how it has to be entered in accounts and what about taxation parts. Please explain?.

In chapter of employee stock option plan there is journal entry regarding expense in respect of ESOP recognised during the year

employee compensation expense a/c ...DR
employee stock option outstanding A/C

my query is why employee stock option outstanding is credited ?

I m trying to make account for year 2009-2012 . Transaction type is shares : delivery based, F&O and short selling and intra day . --) is short selling and f&O transactions are speculative ?? --) if I have 500 shares of abc ltd purchased on 10-4-2009 . If I bought 100 shares again on 12-4-2009 and sold 200 shares on same day, what quantum is intra day and what is normal?

in case of import what are the item include in purchase and if i pay transport charge from port to factory godown should i deduct tds or not

Sir/Mam,
how to we have to make personal balance sheet for salaried person.

IS PARA 46 OF AS 11 COMPULSORY FOR COMPANIES TO FOLLOW OR IT IS AN OPTION FOR COMPANIES?WILL IT APPLY ON PARTNERSHIP?

electricity question asked in advance accounting exam is the part of our syllabus??

tds applicable or not for partners salary

Respected,

I am accountant, i am glad to learn from you that in my company we are selling bathroom hygiene management product for which customer require material in order to use hygiene product which our company supply free to use basis so how to account it as it is not sale. Further we are branch office and our Head Office also supplying same product to us free of cost in order to serve customer.