This Query has 1 replies
Dividend declaration on 19-09-2022 and sales units on 19-09-2022 was 2380 units My question is that Dividend not declared on closing stock on 19-09-2022 while Dividend declared on sales units I.e on 2380.
What is reason to declare dividend on sales units.
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Hi,
What is difference between Bank Overdraft and Cash Credit ? which is better ?
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what is returns to Fill MSME payment date.
Due date and it is mandatory to fill by company and LLP regarding payment of MSME.
This Query has 1 replies
DEAR SIR
MY PVT LTD COMPANY PURCHASED A FLAT ON DATED 06.03.2010 OF RS 1,44,60002.00
AND SALE THIS FLAT ON DATE 07.09.2022 OF RS 1,70,000,00.00 SO PLS LET ME KNOW WHAT ENTRY I PASS IN MY TALLY AND WHAT WILL BE CAPITAL GAIN
THANKS IN ADVANCE
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I viewed a sole proprietor's capital account, in that account there were following credits
By amt tfd th. Neft/lic
By lpg subsidy
And following debits
To amount of rmf transfered as per c/c act
To amount tfd as per c/c account (nippon)
To cheque no***/star health insurance
To cheque no ***/ lic
To advace tax
To income tax...
My queries :-
Why are there these things of personal nature like lic, income tax, star health insurance, lpg subsidy, investment in rmf and nippon credited or debited in business capital account....
If they are shouldn't they all be shown as withdrawls or additions...because they are not concerns of business...
And i assume c/c means cash credit how can it be used for buying rmf and nippon mutual funds, isnt it granted for working capital purposes, shouldnt it only be used for business....
What does individually these entries mean like how come lic is paying him money, if a policy matured or what and how come it is being brought into books it is personal, same with lpg subsidy...
Shouldnt income tax be paid by him personally and profit from this business shown under pgbp but he debiting the same in business books...
What the deal with advance tax....
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what is difference between Fixed capital and Current capital in LLP.
And also Share in Partnership Firm .
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Sole proprietor has not recorded some investment made earlier(many years ago when balance sheet was not maintained). Now upon redemption, he wants to record the investment in books since interest income is appearing in AIS. How to record redemption entry? Principal and interest amount is credited to bank
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Dear sir
Please guide as to the accounting entries to be passed in case of the following situations
1) issued yourselves dd to cheque to bank for preparing a dd of rs 5000 in favour of xyz ltd.
2) dd issued to xyz was returned by them
This Query has 3 replies
My Mother in Law gifted me 10 shares of TCS on 30/05/2022. what journal entries has to be made to record the this transaction in both our books . Please also let me know what entries to be passed in tally for the same in both our books of account.
This Query has 2 replies
WHAT TREATMENT OF DEPRECIATION SHOULD BE MADE IN CASE OF LOSS OF TRUCK DURING YEAR-2022-23 IF THE TRUCK WAS PURCHASED IN YEAR-2018-19 ?
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Dividend Declaration on 19-09-2022 of BCL Industries