Anonymous
This Query has 1 replies

This Query has 1 replies

08 November 2013 at 12:17

Treatment for trading profit

Pls resolve my querry as soon as possible....

my company is involved in Trading business of various items i.e. paper, sugar etc, but now it is getting involved in trading of shares, currency trading & commodity trading. So how should i account for the profit or loss earned from these new activities, whether it is part of specutaion business or it is ordinary as we are trading concern. Also explain the accounting entries.
Pls explain it clearly. and if possible, give me your contact no. so that i can understand it more clearly.

Thanks & Regards


akshay
This Query has 3 replies

This Query has 3 replies

08 November 2013 at 00:22

Export sales

export sales should be accounted on cif basis or fob basis?


Sushant Mahajan
This Query has 2 replies

This Query has 2 replies

If an Individual has two loans against one house property, what will be the treatment of such interest and principal repaid for income tax purposes?

Will deduction of interest and principal repaid be allowed for both the loans?

Please reply.


BADRI NARAYAN PANDA
This Query has 1 replies

This Query has 1 replies

07 November 2013 at 12:27

Expense head

Kindly help me in booking the following expenses under appropriate account head of Cash payment vouchers:

1.The reimbursement by a company for medical expenses incurred by one of it's employee.

2.Expenses incurred in the Annual Day Celebration of the Company.

3.Bonus paid to employees ineligible to such bonus.


amay
This Query has 1 replies

This Query has 1 replies

07 November 2013 at 02:24

Is attempt matter's in package

I am giving my 3rd attempt is baar to bikul pass ho haunga but .....I think that all my hardwork became idle bcoz people says that 3rd 4th attempt ca ko koi nahi employ karta


hemanth kumar
This Query has 2 replies

This Query has 2 replies

06 November 2013 at 15:15

Costing

MGS Ltd. purchased a machine costing `1,25,000 for its manufacturing operations and paid shipping costs of `30,000. MGS Ltd. spent an additional `12,000 testing and preparing the machine for use. What amount should MGS record as the cost of machine?

Kindly give me the explanation.........



Anonymous
This Query has 1 replies

This Query has 1 replies

06 November 2013 at 13:21

How to merge two ledger in tally

we have two ledger in one company "ex" office maintainace a/c and printing & stationery a/c, now we want to ship to all entry office maintaiance a/c to printing and stationery a/c
please tell me what is solution for this problem



Anonymous
This Query has 1 replies

This Query has 1 replies

06 November 2013 at 12:07

Fd accounting

Hi

1.Can u pls let me know the accounting procedure for TDS On fixed deposit?
2.If i get FD int from bank what are the entries to pass other than receipt entry?



Anonymous
This Query has 3 replies

This Query has 3 replies

06 November 2013 at 08:21

Salary expenses

Please confirm expenses covered under salary head in balance sheet of partnership firm.


saudbelim
This Query has 2 replies

This Query has 2 replies

05 November 2013 at 19:18

Forgot efilling password

I have forgot my efilling password






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