we have taken security deposits while giving canteen premises and some kitchen equipments. Now the contractor's terms is over and we have recovered some amount from him for the missing items. The balane amount is paid back. The question is
1. The recovered amount is debited to security deposist account and credit is given to fixed asset Account.
2. While the missing item,s cost has to be removed from fixed asset account, a Journal entry debiting write off account and crediting fixed asset account is proposed.
By doing so, two credits are given to fixed assets are given. Please clarify.
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What Is deffered tax libilities and what is the treatment of account
PWC or KPMG is a better to place to work from an intern's point of view?
with reference to the Bombay Chartered Accountants Society's website (www.bcasonline.org);
"The auditor should report if the final settlement to employees is not made within 30 days".
I brought to the attention of my auditor (As i'm the internal audit assistant), he is asking me that is there any legal view to settle within 30 days to employees?.
Can anyone help?
Hello,
Where can i get the online details for the Final Examinations NEW Syllabus, i mean
1. Subjects and contents
2. Eligibility (I have cleared my Intermediate in 1996, Am i eligible)
3. Months of Exams (Previously it was May and November)
Thanks
Gul
I am a housewife here in india, i am not indian citizen , i am holding foreign passport,can you suggest me what facilities are available to PIO, and how can we make pan card, how can we make our income tax file, and e verthing that we should do for living in india.
Whether can we capitalize demurrage charge to imported capital items ?
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Ttreatment in Accounts