how to account cash credit it like loan

is revise schedule 6 applicable in questions of branch accounting?????

my question is that when every item in P&L a/c is transferd from ledger but when we show closing stock inside the trail balnce than what is the logic behind this as closing stock doesn't have any ledger balnce ?

Hello,
A pvt limited company was formed in july 2012 and its bank account was only opened in march 2013.
In this mean time, all the preoperative expenses was paid by the promotore shareholder/director from his savings account.
The company has still not gone into operations.
What should be the journal entries for this?

Resp sir,

whether vat plus excise amount should be included in Gross sale as per revised schedule six, because no specifically mention ed it in Revised schedule six

pls suggest me how to pass security receved entry in tally.Amt-22000/-,3months security,ome month rent.inwhich voucher it will be pass.

heloo friends....

i want to know that

what is the accounting treatment in books for the losses which in not carry forward for next year...

I am in bangalore and interstate purchased from chennai, warangal and mumbai.

Chennai supplier has not added sales@2% in their invoice while Warangal and mumbai supplier added sales@ 2% in invoice seperatly.

How to treat them? Both are Interstate Sales Agaisnt C Form?

What could be the reason behind having difference in these invoice.

Please help me out.

Regards,
Martin.

I have following questions on adjustment entry.

Our branch office once paid salary

So the entry is
Salary...............Dr
To TDS Payable
To Bank
TDS paid by HO

So the entry is

TDS Payable...........Dr
To HO

and to close salary in Branch's book

HO.........Dr
TO Salary

Is all correct?
Pls advise.

We are a automobile manufacturing company.
We purchase parts from various vendors and also have capital contracts with them.
We sometimes pass debit entries due to warranty debit, purchase returns or when advances are paid.
In case there is no further billing from any vendor the account shows debit balance.

Similar is the case when vendor doesn't come to us to receive his pending amount.

In above type of cases we usually write off old vendor balances in a single account miscellanous income. I mean we wrtie off Dr balance and Cr, balance in single account.

Please advise if this is allowed as per act. If not then please quote section..