if some npo has received donation to meet day to day expenses.(being specific), where will it be accounted for in the books??
what is corpus fund?
does it have any corelation with my above question??

what r the statuary books

Can a Computer System received as donation be treated as Fixed Assets. If so,how to calculate the value of this F.A.

What is Unabsorbed Depreciation? How it will treat in accounts ?

Sir I am audit assistant, engaged in internal audit of an automobile company.
During the course of physical verification of inventory i.e. parts of vehicle, some parts were found related to vehicle which is banned by government. as per as-2 the same should be valued at NRV.
my query is there around hundreds of line item related to that vehicle whether nrv is to check one on one basis or can be taken aggregate.

sir,
i have one problem in salary, one employee salary due by 6500 but we paid salary 1800 (full & final),what is the journal entry of set off salary a/c & employee a/c

I didn't no how to write journal entires

hey .. I won bike in lucky draw. .. its FMV = 60000 ... I paid taxes of rs 18000.. my other taxable income is less than rs 100000.. whether I am eligible for refund

Dear Sir,
Q1) we have made agreement that our Sole Properitorship firm paying money Rs.55L to a Pvt Ltd company to produce film
i just want to know is it applicable to deduct TDS on said amount?
2Q) they have paid professional fees 3L to some 3 parties.do i need to update the journal entry in my Book?
Q3) are we need to take Invoice from Said party or Agreement will be consider as invoice.
Pl Reply.
Thank you.

can anyone explain me the treatment of contingent liablity in brief