CAclubindia

Shudhanshu Agrawal's Expert Profile

Queries Replied : 412

About me

Hiii ,

Im Shudhanshu Agrawal. I have lot of expectations from myself and want to be one of the best persons for taxation and Companies Act compliances. I like to do the things fast so that i can achieve big targets as soon as possible. If any of you have any suggestion or in any manner help me in achieving my targets pls help me out. I will be very thankful towards you all.

May you also achieve your targets as soon as possible.

If you think i can help you then you can contact me on my mail id: shudhanshu.agrawal @ gmail.com.

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kanaklata chauhan says : case
ok but what abt preference shareholders isnt it a security as generally they dnt hv voting right

Shudhanshu Agrawal says : continuing with the reply
For interest Interest on car loan A/c....dr To party A/c While making payment Party A/c ...Dr Car Loan A/c ....Dr To bank A/c

Shudhanshu Agrawal says : Reply of query asked by Linta
On purchase of asset- Car A/c Dr. 37900 To Bank A/c 9475 To Car Loan A/c 28425

Linta says : Hi Friend,
Dear Shudhanshu Agrawal , Please Clarify My Doubt inthis regard: COULD YOU PLZ HELP ME OUT TO PREPARE ENTRIES FOR THE FOLLOWING TRANSACTION IN TALLY: A Co HAS PURCHASED CAR AS LOAN. COST OF VEHICLE IS DHS 37900/-. DOWN PAYMENT DHS 9475/- TOTAL FINANCE AMOUNT:.DHS 28,425/- LOAM AMOUNT WITH INTEREST TO BE PAID - 34,508/- MONTHLY INSTALLMENT AMOUNT - DHS 719/- INTEREST RATE 5.2% P.A PLEASE LET ME KNOW HW TO RECORD THIS TRANSANCTION IN TALLY AND THE CALCULATION OF INTEREST. THANKS & REGARDS