DEAR SIR,

CAN ANY ONE KEEP TWO CAPITAL A/CS ONE IN BALANCE SHEET OF HIS PROPRIETORSHIP FIRM & 2nd IN HIS OWN BALANCE SHEET

1)a cheque of Rs. 7330 received from Mr. Raman,after allowing discount of Rs 70.this cheque endorsed to Mr. Ramesh for full & final settelement of Rs.7500

2)Rent due but not yet paid of Rs 15000 for the month of March 2012

3)Debit note issued to Mr.X for purchased return of Rs.10000(includes TDS of Rs.500)

4)Purchased 10 computers of Rs 200000 and received mobile set of Rs 5000 as a gift and the mobile phone issued for official use.

Please tell me journal entries for above transactions.

Hello,

Pls explain the following points.

Accumulated profits
past profits
arrears of depreciation and how it is found out?

what is lean accounting?

KINDLY PROVIDE ME DETAILS TO GENERATE INFORMATION IN TALLY 9.0 FOR CASH BALANCE (CUMULATIVE)AFTER EACH ACCOUNTING ENTRY IS MADE.

whille validating tds return in FVU 3.4 I found one more box " consolidate file name with path" what is that? please help me what file name should I submit to generates TdS Fvu file?

We use op rm + purchase - clg stk = conbsumption.
now this month the rm% to sales has gone down to 25% - FG is very high.

what else can be the reason, purchases are ok

any clues what esle should be checked.

what is Vendor reconciliation &
what is the difference between vendor reconciliation & Party reconciliation


Thanking you

dear Sir/madam,
recently i was joined in CERTIFIED ACCOUNTING TECHNICIAN COURSE from ICWAI change as ICAI. i am non-commerce student.
in my second financial accounting class,the topic discussed on "depreciation and its methods " , i don't understand clearly this topic.
please any body help me sir,with proper examples.on depreciation methods.

Dear Experts,

A Limited company paid Advance for land but the deal was canceled & party refuse to refund the advance amount. Matter is pending in court.

Whether provision for RDD is required in the books.