Co received bill for Rs.12000/- for AMC charges in the month of Jan 12, AMC period was Jan 12 to June 12, where as payment was made in April 12, so what entry to be made in the month of Jan 12

can u please tell me what are the f.y closing entries with exmples & wha are the f.y opening entries with examples

Please tell me

Thank You.

Dear All,
I need a accounting entry, telephone bill in the name of company A,and the bill payment made by company B,note that A company is a proprietorship & B Company is a Company.
B company is using this telephone line & owner is same person.

Is there any problem if accounting entry goes on in this system until the changing the name or address of this telephone.

Thanking you

how is the treatment of banquet advance received by a convention center?
Advance is collected from clients who book the hall. The advance remains with the company for more than 6 months in some cases?
Is this an income or a liability for the company?
please give the entries too....

pls tell me is closing stock is compose of all tax elements ?. means stock is inclusive of taxes ( vat ) or exclusive of tax?

Dear Expert

How to take sale if booked at midnight on 31st march when a/cs closed & sales &Invoices Auditor are there so how would take that sale as revenue or what?

sir, is disclosure required for payment of salary to director's wife and director's father having .01% shareholding????
please reply

Hi sir..
can buying commission paid on raw material can be added to purchases ?

why should have separate accounts for salary related payments to director of the company

i m a ca final student. i m really in a dilemma. m not understanding and so m posting this query to u sir/madam. i really trust on ur expert advice. plz reply

m preparing for may 2013 attempt. m not understanding whether i should start study of a/c standards coz what if the "converged IAS(indian a/c standards) converged with IFRS becomes applicable for may 2013 exam.

plz reply m in dilemma