Hello sir, please explain:- what are transactions and events ? What is the difference between them ? depreciation and last year's brought forward balances are transactions or events ?
Thank you.

What is a sales ledger ?

What are daybooks ? Pls explain in detail.. And is sales daybook similar to a normal sales book in which credit sale of goods is recorded ?

Hi,,,

Anyone can tell me
company bought a Sonic firewall (software) costing Rs. 70,000 with economic life of 3 years which is mentioned by vendor in their invoice and company has booked all 70000 in the year of purchase in profit & loss account instead to defer or other

now i want to know what should be the accounting treatment
whether it should have been comes under As 26 Intangible assets and amortised over three years of life or any other accounting treatment will be permissible

should i deduct tds on transportation charges if PAN is available?

One of my client company has purchased Dogs for security at plant. How will it be account for in books of accounts?

What will be the accounting entry if an asset is purchased from General Reserve?

How there can be any intangible assets arising in insurance enterprises from contracts with policyholders?
And what are the examples of the same.

Dear sir
I make one invoice for our customer after completed the works rs.50,000/- and customer paid to us only rs.45,000/- and rs.5,000/- they deducted like penalty (work not completed on time) my question this rs.5,000/- is a operating expenses (we want to charge the proj) or we want to treat as bad debts expenses

Thanks

what is the accounting treatment in current financial year for the vehicle which is purchased by an employee in his own name ( not in the name of company).How do I capitalised this asset in the books of company