Dears experts

I went for an interview. The M.D of the company told me that you have to maintain two bank account in a way that cheque should not be bounced, if there is a low balance then i should told the m.d about this issue, if there is excess balance then funds should transfer to liquid mutual fund account.

I know that we can make a excel file daily we can update that file with payment and receipts,
so i any of you have that kind of file then please mail me.

thanks
in advance

karan verma

i want to know about cst and c-form , h form and f form in detail .please help me in this matter.or give me a link

If a newly formed company has not started any business yet, how shall it treat its priliminary expenses as per the revised schedule VI?
whether 1/5th of such amount should be w/o in P/L A/c or not?
And if the company is not supposed to start the business in current F.Y. also, should the amount to be defferred next year be shown under current asset or the full amount should be shown under non-current assets?

tools purchased for the manufacture of products. like it is being used for the finishing of the products. what will be journal entry? thks

I want to take online CCI coaching of IPCC Accounting, so which is the best teacher?CA. Bhagwan Lal??? or Y.Kalyan Chakravarthy???

I want to Know if Legal Exps incurred in respect of Advance for Land? wether such expenditure Capitalised or not?

& if Advance for land Cancelled in Next year what would be treatment in next year?

Kindly resolve my query?

Dear Sir / Madam,
We are paying office rent 14000.00 per month
& 11000.00 for building maintenance charges to office landlord.
kindly advise for tds is applicable on maintenance or not .

Thanking you
Sanjeev Sharma

What is the treatment of Proprietors drawing from bank a/c for personal use. i know the basic entry like- Drawing a/c--dr
to capital a/c.
But is this entry applicable for the proprietor's drawing like- payment of school fees, lic prem, mobile bill (spouse),Atm withdrawn, purchase personal assets through Debit card.etc.

Because if we will debit the capital in all this transaction then the capital will be decrease at regular interval and at final it will reach into nil.

So please suggest me how to deal with this kind of transaction for Proprietorship Company.

Dear All

Issue a cheque to vendor Rs.3900/- but bank debit our account Rs.3400/- when we doing BRS we know that, inform to bank, bank manager said that the cheque is cleared from Clearing branch bank we cannot do anything. Please advice me how to tally the BRS.


Thanks & Regards........
Amruth Kumar

Please let me know the depreciation rate for
i) air conditioner,
ii) refrigerator
iii) trailers
as per both Income tax Act as well as Companies Act.