Accounts QnA [Resolved]

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Gorango

This Query has 1 replies

22 August 2023 at 10:59

Accounting treatment of assets in Cash Basis and Accrual Basis Accounting

What wll be the accounting treatment as AS of assets in Cash Basis and Accrual Basis of accounting

pooja

This Query has 1 replies

21 August 2023 at 21:34

Valuation of WIP

If a firm is going into loss so can it increase the value of WIP to bring it to profit and to which extent..?
Please help

Thanks in advance

Daya

This Query has 1 replies

21 August 2023 at 18:35

Fixed cost of property for two proprietor

Fixed cost of property how to maintained in books of accounts, and construction related GST Cost .
And One bank how to maintain in the books of partners.

Daya

This Query has 1 replies

21 August 2023 at 18:30

Land and Building cost should mention separately in Tally

whether cost of Land and Building should be mentioned in tally separately. For proper books of accounts .
Please reply why both should be separately mentioned in books of accounts.

HARISH PAL

This Query has 2 replies

19 August 2023 at 14:51

Excess goods received

We have puchase 10 laptops from vendor but by mistake he send us 11 laptops how we treat this in our books,please guide me

Prapti

This Query has 5 replies

18 August 2023 at 21:45

Hi, last year our client paid some amount. And we bymistkenly forgot to raise a bill against the same. Can wr raise it now?

Since we haven't paid ant GST on advances at those time, will it have negative impact now while raising bill?

Francis George

This Query has 4 replies

17 August 2023 at 10:40

Regarding TDS Deduction required on Commercial Vehicle Loan used for business by proprietor

Hello, Could anyone please help me on the below query

A proprietor took a loan for Commercial Vehicle Loan for business use from Cholamandalam Investment & Finance Co. Ltd. Yearly the interest happens to be around Rs.74912/-

Should we deduct TDS on the Interest paid to Cholamandalam?