CS ,CMA Shambhu Kr. jha 's Expert Profile

Queries Replied : 207

HARDWORK + CONTINUTITY + PATAINTCE + TRUST + HONEST ARE FIVE THINGS THAT CAN TAKE YOU TOWARD SUCCESS .

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Mukesh Katara says : Income Book in April Month
Hi sir Good morng Kindly give me advise when we book march income in april month(march bill make in april month) what will BE entry done in tally F.Y.-2010-2011 F.Y.-2010-12

Girish says : Minimum Wages
Sir What complication would be there if i split minimum wages into Basic Wages (For PF Deductions) and other allowances in total which comes to Minimum wages amount as per min wage act. We have a unit in Gujarat f

avinash narayanrao korde says : about deduction
DEAR SIR, THANKS FOR ANSWRING MY QUT. BUT MY QUESTION IS THAT WE PURCHASE MACHINERY FROM B.WE MADE A ENTRY IN OUR BOOK MACHINERY A/C DR 100000 TO B A/C 100000 THEN WE PAID A CHEUQE TO THE B WE MADE A ENTRY B A/C DR 100000 TO BANK 100000 WE PURCHASE THIS MACHINERY FOR OUR CONTRACTOR. THE CONTRACTOR RAISE A BILL OF RS.200000 TOWARDS HIS SERCIVE & WE MADE A ENTRY IN OUR BOOK SERVICE CHARGES A/C DR 200000 TO CONTRACTOR A/C 200000 NOW I HAVE TO PAID TO OUR CONTRACTOR HIS SERVICE CHARGES AMOUNT BUT BEFORE PAYMENT WE WANT TO DEUCT OF RS 100000 HIS A/C TOWARDS PURCHASE OF MACHINERY HIS USE. SO TELL ME HOW TO DEDUCT THE AMOUNT AND WHAT ENTRY WE WILL PASS. THANKS