i purchased some items on dec'12 for 12000/-
and my closing stock on 31.03.13 shows the value of the item 12000/- after that some direct expense of 1000/-incurred on this item
i want to show my closing stock as on 30.04.13 as 13000/-is it possible in tally, if so how will pass the entry

A bank has charged the business account with a cheque for Rs.2200 in FEB-1982 which should have been passed through A's private account,so according to BRS how to adjust this item.

Dear Sir,

I had invested in Tata Infra Mutual Fund (Divident) Rs. 40,000/- in 2006. I redeeemed all my units in Jun 2013 and received Rs. 29,904.52. I had received divident of Rs. 14,375/- during the period (2006-2013). I need your assistance for passing the necessary journal entry.

Thnking you in Advance.

in tally is it possible to add direct expenses with the opening stock

Prefrence sharecapital are part of total sharecapital or part of secured long term liablity ......according to revised schedule 6.,,.???..

We are in the business of manufacturing & marketing of artificial sweetener.In India we produced our product through a third party manufacturer, with whom we have yearly agreement. The third party manufacturer produced the product as per our formulation & procure raw material only from our approved supplier, but supplier give Invoices in the name of third party manufacturer.
As per our direction the manufacturer had imported some raw material from Europe, but in that case we have taken the responsibility to pay the exporter i.e. we pay to manufacturer & then they pay to the exporter, it is to mention that the exporter is one of our group company.
Now we are going to terminate our agreement with the manufacturer, regarding that I have few queries-
1.Can we take in our books the outstanding foreign exchange liability for the above mentioned transaction, if yes then how.
2.After transferring the liability in our books how we can pay them in Euro,as in this case Invoice in the name of manufacturer.
3.Is there any issue under FEMA Act.

Hi friends

My Organization taken loan from one financial institution by hypothetical loan on motor car.

The loan for 36 equal annual installments
loan statement indicates both principle and interest clearly.
1st installment also paid immediately.

journal entries for
loan taken
1st installment paid
and every monthly installment paid regularly.

please give me Journal entries .

Is it necessary to attached original bill with service return tax file.

Dear Expert,

when we are constructing the building we are paying the Direct And Indirect Expenses for that.After completing the building it is fixed asset to us.
how we have to convert the total building Expenditure as a Fixed Asset. what is the account entry.

rate of DEP Charged on AIR CONDITIONER WHETHER IT IS 10 % OR 15 %.
frwrd me the link as well