Accounts QnA [Resolved]

All Resolved Open

HEMA

This Query has 2 replies

12 September 2023 at 13:36

If director take personal loan then how to book it in company's books

if director take personal loan then how to book it in company's books

pls tell me the accounting of above subjected matter

Abbas Ali Bohra

This Query has 1 replies

12 September 2023 at 10:16

Modification in Stock Item

I have an amount paid for Modification in stock item, Like I have SS pipes with mirror finish but I have make modification by Black Powder Coating on them by paying the charges with tax.
How to make entry and at which head it goes?

kamran Ahmed

This Query has 1 replies

11 September 2023 at 13:34

Can a partnership firm give both the renumeration and salary to the partners

If the partnership firm is paying renumeration as per the rules and limit set by government. Can the firm also give salary to the partner over and above the renumeration ?

Daya

This Query has 1 replies

09 September 2023 at 17:36

Sub Division of shares in the case of individuals

what would be the journal entry of sub-Division of shares,
In the case of Listed shares books of accounts in the individual case.

Daya

This Query has 1 replies

09 September 2023 at 17:13

Journal entry of Capital Reduction

How to make capital reduction of shares in Individual Books ,
Capital reduction of Listed Co shares , earlier it was purchased.

and How to make journal entry of Delisted shares
in the case of individual, it was earlier purchased

Rupesh Gupta

This Query has 1 replies

09 September 2023 at 11:31

PLASTIC CRATES

Dear sir,

Please advise me,cost of plastic crates for raw & finished material use can be capitalised or not.

Aanand Jha

This Query has 1 replies

09 September 2023 at 10:48

Consolidation of Account as per Ind AS

If 'Anand Private Limited' is a 100% subsidiary of 'Mohan Limited' and 'Mohan Limited' is also a 100% Subsidiary of 'Jha Private Limited'. In that case which company is liable for Consolidation of Account. Only 'Jha Private Limited or both 'Mohan Limited and 'Jha Private Limited'.

PRATHYUSH SHETTY

This Query has 1 replies

08 September 2023 at 21:45

Profit on sale of assets,revenue receipt or capital receipt

Hi,why profit on sale of assets credited to p&l account when it is not a revenue receipt?

sunny kahandal

This Query has 1 replies

08 September 2023 at 19:43

CAR PURCHASE UNDER GST

I was purchased a car under gst and also pay registration stamp duty , fastag charge, etc can I consider all cost as a total car value and charge depreciation on it .

PRATHYUSH SHETTY

This Query has 1 replies

08 September 2023 at 13:18

Journal entry related to starting of business

What is the journal entry for started business with goods .whether it should be purchase a/c debit to capital a/c or opening stock a/c debit to capital account?