aarya
This Query has 1 replies

This Query has 1 replies

20 June 2023 at 17:40

HOW TO PAY TDS ON PROPERTY

NEED TO PAY TDS ON PROPERTY , AT NEW SITE WHRE CAN I GET FORM ALONG WITH 26QB


Prajwal Kannan
This Query has 1 replies

This Query has 1 replies

Two companies A & B are merged into C. Where B is a subsidiary of A, and all three companies have common directors. Under the pooling of interest method of merger accounting, Is canceling both Share capital and Securities Premium correct or do we need need to cancel only share capital?


Daya
This Query has 1 replies

This Query has 1 replies

19 June 2023 at 18:34

Received of shares by shareholders

A shareholders received shares , in the Financial Year by which mode shares can be obtained Please reply.
such as Bonus, split of shares etc.
In the books of individuals because extra shares received how to identify from which means received.


Daya
This Query has 1 replies

This Query has 1 replies

how to make journal entry of shares received on demerger of shares by the shareholders in books of accounts. and what would be the cost of shares received.


Elbin
This Query has 1 replies

This Query has 1 replies

18 June 2023 at 16:55

Diwali Bonus Entry in Tally ERP 9

Diwali Bonus paid to factory workers comes under which head Direct or Indirect?


tausif ahmed
This Query has 3 replies

This Query has 3 replies

Wallpaper work done at office premises is revenue expense or capital expense?? amount of expense is around 40,000/-


Shalini Suman
This Query has 1 replies

This Query has 1 replies

Hi Sir/Ma'am,
I have some questions regarding stock valuation at the end of the year.
1.Why do we add direct expenditures in closing stock valuation? Like Fabrication, Scaffolding Exp. etc.
2.Should I book unbilled revenue for the work already done till march for which bill were raised in April next year or i should simply show it in WIP and does not book unbilled revenue?


Daya
This Query has 1 replies

This Query has 1 replies

15 June 2023 at 14:13

Cheque issued on 31st March 23

Cheque issued on 31st March 23 Rs. 25,00,000 But Cleared on 10th April 2023.
I made entry on 31st March
Party A/c Dr. 25,00,000
to Bank Account 25,00,0000
But on 31st March 2023 Bank Balance as per my Books and bank statement is difference Rs. 25,00,000.
How to remove This differences .


Daya
This Query has 1 replies

This Query has 1 replies

when Profit is earned by the company on 31st March 2023
There are three partners A,B and C and their profit ratio is 30:30:40 and Total profit is Rs. 10 Lakh
My question is that how to Books Journal entry in Firm Books and partners Books.
For Partners Book
P/L A/c Dr 10,00,000
To A Capital A/c 3,00,000
To B Capital A/c 3,00,000
To C Capital A/c 4,00,000
My question is that what entry should be passed in the books of Partners Capital account on 31st March 2023.


Mucchukotla Nagaraju
This Query has 1 replies

This Query has 1 replies

20 June 2023 at 15:43

Chit account entries

I have a small doubt that is I have a one small chit business partnership firm is there and my all customers very old so in this case am trying to given some amount (i.e like interest)transfer who are not participated auction chit. so the given amount which head is treated as expenditure in my chit business but TDS is not applicable. So please suggest expenditure head or name .
and also some customers are not clear chit balance so the amount treated has bad debts if its right
how much amount maximum allowed in the year .Thank you.






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