What do you mean by credit note or debit note and do we pass any accounting entry in tally?

What will be accounting entries from creating a provision to writing off bad debts. Pls explain with an example.

What is the amount beyond which tds needs to be deducted ? For e.g incase of rent what should be the amount I start deducting tds?

On 1 May 2008, Y Ltd issued 7% 40000 convertible Debentures of rs.100 each at a premium of 20%. Interest is payable on Sep 30 and March 31, every year. Assuming that the interest runs from the date of issue, the amount of interest expenditure debited to P & L A/c for the year ended 31 March 2009?

Hi, CAclubMembers

I Got a Accountant job in Construction Co, but i am new to Accounts of Construction Co, Please Help me in this Regard

Dear Sir,
How to treat fixed assets. How to select whether it is fixed assets? Suppose if we purchase machinery parts, then can we treat it as a fixed assets? Pls reply

I need advice regarding short provision of expense.
If Provision of expense made in fy 2011-12 for rs 5 lacs but actual expense is rs. 6 lacs. What is treatment of rs. 1 lac in fy 2012-13
If I make entry in my book as such

provision for exps. Dr. 5 lacs
expense Dr. 1 lac
To Creditors. 6 lacs
then rs 1 lac will be prior period exps (which cant be claimed as deduction for IT purpose in fy 2012-13) or not.
Please suggest the way so rs 1 lac become dedutable for IT purpose in fy 2012-13.

Paid INR 4500.00/- to Al Bawasil Rent A Car for office Staff Can Anybody Tell me the Nature of Expense?

I mean Exact Accounting Head.

Dear All,

Will TDS be applicable on printing & stationery.

Please advise.

Regards,

Ashwin

hello sir one of my question is, one propraiter firm are merger in pvt ltd company so whice rate sale by propraiter persion his stock sales to pvt ltd to market value or aquesition value or stock value which rate sales