Hi ,,,

Please can any one explan regarding sale of asset and how to account it in books

Can I record expenditure of traveling exp., transport exp. etc. incurred during March 2012 in June 2012 if I have paid for those exp. in June 2012?

I have entered in the Tally ( payment ) Voucher

New's & periodicals A/C Dr.
To Petty cash A/C



But for Printing this Payment Voucher I want to Write the Name to whom I'm giving money i.e. Giving Rs 1000 to mr. XYZ for New's Paper, So I want to Pring the name of MR. XYZ

Is there any possibility for printing that name in the TAllY ,if yes than Please Let me know how it is ?

Hi.. anyone plz answer this query..

How to value the free goods received from supplier along with purchase?

How to value them in closing stock and at the time of sale?

sales tax assessment for 2006-07 for local sales tax is 4% & for cst tax is 4%.

Question is : if c form not given what is rate of tax ?

X co. holding 30% of shares in A 'co' and A co. holding 70% of shares in B co. and Y co. holding 30% of shares in B co. Sir now tell me whether X & Y co. are related to each other in this way or not. If yes then please tell me the treatment for it and If its no then Why?? Thank you in advance sir.

my friend ask this question.
He is working in a NGO. And NGO work in a village and provide lunch to their employees.
Lunch made by a lady. Then question arise that exp. occurred on Lunch is on daily basis and their is no bills. How to enter this in tally and what head of account to be debited

X ltd Co. owned an asset as under:

cost of asset 50000/-
Accumulated depriciation on Asset Rs 20480/-
the asset was sold Rs. 18000/-


please make Accounting entry

Please help me as of 31/12/2012 the cost of good is 100000.00 cr.and the next year 01/01/2013 the opening balance is zero.
casn u explai n and advice me ow it will come.

Our client having one firm he paid shop rent of Rs-10000/- for this and now he started another firm in same place. Can we bifurcate shop rent in both firm of Rs-5000/- per firm or claim separate shop rent of Rs-10000/- for both firm?