saurabh
This Query has 4 replies

This Query has 4 replies

03 November 2012 at 22:32

P c tusian or kalpana

hello
is both of the above book fully solved.


aaditya
This Query has 3 replies

This Query has 3 replies

03 November 2012 at 19:05

Salary

Hello All

if any co. offer CTC 120000. then they will be liable to deduct ESIC & PF.

and if liable then how much they will deduct ESIC 1.75% and PF 12% or ESIC 6.5% and PF 24%

if it's possibel then please provide any link of site and details to view more about it



Anonymous
This Query has 1 replies

This Query has 1 replies

03 November 2012 at 13:45

Elimination of inter unit profit

Let suppose ABC Ltd has 2 division X and Y.

Division X has manufactured cetain material and sold it to Division Y for Rs. 100, the cost of manufacturing the material for Division X is Rs. 80.

Division Y has capitalised the material received from Division X as Fixed Assets.

What would be the accounting entry in the books of Division A and Division B and at Consolidated entry in books of ABC Ltd. ?


siddhesh
This Query has 1 replies

This Query has 1 replies

03 November 2012 at 13:01

How to close a/c

An advance of Rs.10,000/- was given to X & Co. in the year 2010-11 for the supply of material. The party didn't supply the material and there is no possibility of recovering the amount. You are finalizing the account for the year 2011-12/. HOW WILL YOU CLOSE THE ACCOUNT ? Please give accounting entries .



Anonymous
This Query has 3 replies

This Query has 3 replies

03 November 2012 at 12:17

What is the account head

Dear sir,

iam purchasing the Hadrdisk cable wire from one of the vendor

in which account head i prepare an expenditure ?

computer expenses or stationary?


shabbir
This Query has 1 replies

This Query has 1 replies

03 November 2012 at 00:44

Calculation of price of a flat.

Hello,

Ques. Let a builder is planning to construct a building on an area of 10000 sq.ft. land. How value of each flat will be calculated after adding a reasonable profit? Let no. of flats be 10.



Anonymous
This Query has 3 replies

This Query has 3 replies

02 November 2012 at 14:06

Vat on service tax.

Dear Experts,
We send the material against 4(5)(a) challan to our vender. venders raised bill with service tax 12.36% on Basic value of Invoice, & VAT 12.5% on Service Tax amount & 75% on Basic Value. details as per below.
Basic Value = 51,996.00
Service Tax 12.36% = 6,426.00
VAT on Service Tax 12.5% = 803.00
VAT on Material 75% on Gross = 4875.00
sir, please tell me Taxation charged is right? if yes how to book it.

thanks & regards,

Ganesh Patil



Syed Ghouse Pasha
This Query has 3 replies

This Query has 3 replies

02 November 2012 at 13:03

Sale of plots

one of our client purchased a NA land, and made the plots of the same land, 10 plots were sold and 5 plots gifted to his wife, whether such gift is a sale for him....
experts please put your replies



Anonymous
This Query has 2 replies

This Query has 2 replies

02 November 2012 at 12:11

Accounting entry required

Dear All,
please note that i was purchasing portal from monster bill amount 120000/-bill date 01.11.12. Payment term 4 installment.1st installment date 01.11.12 & last installment date next financial year 01.08.12.And also
note that i have deducted tds.
How i will record in my accounts book.
please help.

Regards
Sanjib


Mohit Lakhani
This Query has 1 replies

This Query has 1 replies

02 November 2012 at 00:03

Urgent : schedule vi : confusion

Hi Experts,

In RTP, in some of the questions the old format has been used in answers and in some of the questions the new (revised Schedule VI) format has been used.
Kindly let me know when to use the new and when to use the old format






CCI Pro



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