Dear Expert,

The borrowing cost relating to the substantial period of less than 12 months of the qualifying assets can be capitalised? as per AS16.

is there any clear notification for Form 'C' inclusive of CST amount or not

Actually in circular of the Govt. of India, Ministry of commerce & industry MEPZ - SEZ, it was mentioned that Form 'C' should be inclusive of tax

Please let me know.

Dear Sir,

What are the documents should we enclose with the debit note when we are sending debit note to party.

why insurance premium paid is treated as an expense item in accounting, despite it is received back after the policy is matured?

Dear All,

Auditors of my company has remmited TDS on behalf of my company as it was the last day for filling so, we have prepared a cheque of the TDS amount and gave it to the Auditor(as he is having net banking facility).
Can someboby please tell me what will be the JV entry in Tally for this specific transaction?

the club became member of a tennis association on 1/1/12 & paid FEE upto 31/12/12.
given income and exp..account for the period 1/4/11 to 31/3/12. (FEE: 3200)(given) question asking u to record that FEE in R&P account. how much amt do u record.

Dear Sir/Madam

Please let me know the accounting treatment if:

Product sale to the customer against different mode of payment ie cash & gift coupon issued by the third party like TATA STEEL CO.& that coupon will redeem by the co later

Example: xyx sold to customer 50000.00
against received cash 40000.00
* gift coupon 10000.00

-how seller pass entry in tally.erp9
-will pass journal entry or issued debit note to issuer of gift coupan

* Redeem by the issued company to seller on later date

we are metal manufacturing industries.
we purchase scrap metal by kgs.

but our final products would be become in Pieces.

so please advise me how we disclose our final products means in Kgs or in pcs.

sir,
kindly tell me how to pass entry to show working capital a/c, and the working capital a/c should be created under what heading?

Trail balance showing Salary A/c 30000,outstanding salary 5000 and additional information is given advance salary is 7000.
what would be the adjustment entry for preparing adjusted trail balance?