Journal Entry of Reserve use for Purchase of a Fixed Assets

In case partners of the firm are taking the profit earned in the middle of the year, what will be the entry?

in valuation of goodwill chapter there is a formula for calculating capital employed

sundry asset - sundry liability

can anybody explian d meaning of sundry and logic of this formula

Can any one send me Salary Breakup for 12000.00 per month on CTC basis and joining terms and conditions.

THERE ARE TWO BOOKS IN MARKET WRITTEN BY A N SRIDHAR OF SNOW WHITE PUBLICATION a)PROBLEMS AND SOLUTIONS ON FINANCIAL MANAGEMENT b)STRATEGIC FINANCIAL MANAGEMENT FOR CA FINAL. WHICH BOOK IS THE BEST ?

Which Accounting method should be followed by a chartered accountant?

Can Any one provide me best book for learn tally. because i don't have time to go classes for specially tally. If any one have PDF or word file of tally learning book then please send me on

harshadcjain@gmail.com


Thanks in advance...

Hi,

I need a support regarding preparation of projected balance sheet, point to consider and format if any...

Dear Sir, I reside in Kalyan near Mumbai. I have a computer assembling business in Kalyan and also do reselling of branded systems. I have clients which are spread around Thane dist. and Mumbai. I mostly purchase computer parts and systems from Mumbai. So, if I sell these components to a person/organization outside of my Municipal Corporation limit, say, Ulhasnagar, where do I need to pay my LBT? Also what is the % of LBT?

Thanks.

There is an investment in LIC of Rs. 50 lacs in the balance sheet of a superannuation trust. Now on maturity, this trust has received Rs. 80 lacs. What will be the accounting treatment i.e. journal entry.

At the time of investment, the entry made was:

LIC (Inv.) Dr. 50.00
To Bank 50.00

In my opinion : At the time of receipt of maturity amount, the entry may be:

Bank Dr. 80.00
To LIC (Inv.) 50.00
To ???????? 30.00

This ?????? is what i would like to know.