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Ajay

Ajay (Querist)
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09 May 2017 sale personal car 29000 ( w.d.v 28000) and balance deposit into company aaccount

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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09 May 2017 Bank A/c To Car A/c To P& L A/c

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Ajay

Ajay (Querist)
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09 May 2017 personal car sale not a company

Ajay

Ajay (Querist)
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09 May 2017 bank a.c dr 29000
to capital a/c cr 29000

Ajay

Ajay (Querist)
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09 May 2017 confirm m right or wrong

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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09 May 2017 okk then you are correct

Ajay

Ajay (Querist)
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10 May 2017 but m little bit confuse is wdv...
balnce fig 1000/-

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 May 2017 it effect is given in personal books & not company books

Ajay

Ajay (Querist)
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10 May 2017 he write balance fig deposit

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 May 2017 i think there is confusion. Clear to whom assets belong & who sale it & where money is deposit

Ajay

Ajay (Querist)
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10 May 2017 ok then thanku for slove my problem but i have one more query

Ajay

Ajay (Querist)
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10 May 2017 rent paid 20000/- tds 20% adjusted against commison 15000/- and balance paid into bank

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 May 2017 PM me your query

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 May 2017 Rent A/c Dr . 20000 To Bank A/c 1000 To CommissionA/c. 15000 To TDS A/c. 4000 Comm To P&L P&L To Rent

Ajay

Ajay (Querist)
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10 May 2017 wht i dont understand

CA Rashmi Gandhi

CA Rashmi Gandhi (Expert)
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10 May 2017 3 entriee are there, i for payment second & third for charging rent & comm from p&l

Ajay

Ajay (Querist)
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10 May 2017 closing stock 32450/- (including 12000/- 50% realiseable value)

Ajay

Ajay (Querist)
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11 May 2017 please answerr entry

Ajay

Ajay (Querist)
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19 May 2017 please solve query

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