Pls help
A party purchased a land of rs. 50lacs from a seller, the sales person had already borrowed from GIDC . At her request, purchaser had paid a D.D. of Rs. 30lacs directly to GIDC(Gujarat Industrial Development corporation)& remaining amount to him.

what is the journal entry for above transaction ..

I have received of postpaid bill for the period 22.03.2014 to 22.04.2014 of amount 1000.
please help me to how to pas the entry in my own book
I have pass the entry like this


telephone exp... 733.33
telephone exp payable 266.67
HDFC BANK 1000

my company has 6 branches and the turnover of each branch constitute
A-10 LACS
B-4LAC
C-25LACS
D-45 LACS
E-80
F-1.1 CRORE

HOW TO CALCULATE WEIGHTED AVERAGE TURNOVER AND HOW TO ASSIGN WEIGHT FIRST......

I have done my BBA in 2010.now I want to registration in CA/CS. on graduation base. BBA is equlant to graduation.

debtors account shows a debit as well as credit balance in trail balance.
what this mean, how can i record this into balance sheet

debtors account shows that debit as well as credit balance in trail balance.
what this mean, how can i record this into balance sheet

Dear all, I m going to start a business so i would like to know that which will be beneficial for me to form a pvt ltd Company or a Firm ?

how to calculate DTA/DTL in a mnufacturing company.

Please confirm whether penalty paid on PF on scrutiny of the case by PF department is an Indirect expense?

Hello

my query is regarding depreciation on assets in case of the closer of business in which some assets were sold and some assets were retained by the owner(proprietor) .. i want to know whether depreciation should be provided in the books of account on the assets retained by the owner and further the said business is closed down due to heavy loss and there is no contingency/hope that business will start in future ... what should i do ..whether depreciation should be provided in the books of account ... in this case no depreciation is provided in books ... further as per incometax law whether depreciation as per law will be available or not ...whether AS 22 shall be applicable or not ? on which amount DTA shall be provided in this case of closer of business ..? thanks in advance