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Mahesh S M

What should be done at the time of ESI return filing if we have an employee who was previously enrolled for ESI and now has a salary that crosses 21K?

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J.SINGH
15 May 2024 at 18:12

PROPER ACCOUNTS HEAD

Sir
I am employed as an accountant in a firm where paint is applied on finish goods for identification of material so I would like to know under which head it should be posted currently I am posting it under consumable store

thanking you

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Sujith
13 May 2024 at 19:49

Lease Rent as per IND AS116

What will the impact as per IND AS 116, if after end lease period, Building owner not extending the lease agreement but allowed 3 months to occupy before shifting for shifting office.
1. 3months rental expenses to be booked as normal rent expenses.
or
2.To modify RoU taking into account 3months allowed by the building owner.

Please suggest.

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Parth Panchal

Hello sir/madam,
Our organization was prop. and converted to LLP. Is prop. transfer his assets to LLP?
In case we transfer than what is procedure and which accounting should be passed?

Your support towards this concern is very much appreciated.

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CA Shriram Deshpande
09 May 2024 at 12:17

Event Photography Expenses

Dear Experts

We are a Pvt ltd compnay acting as channal partners & distributors fo Mining Equipments & services. We have recently vetured into Mining equipment assembly at our warehouse. For this purpose we carried out photography of the entire assembly process. My question is under which nomenclature these event photography expenses be booked ?

Thanks in advance

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PRATHYUSH SHETTY
08 May 2024 at 15:34

Dividend paid

Is the dividend paid mentioned in p&l account appropriations the dividend of current year or previous year?

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Irudayarab Rajan

a customer taking a two wheeler from a showroom by giving down payment for balance the customer arrange Finance co. The finance company released balance payment. How can we pass entry for such sale to customer in bike show room accounting

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krishna jethe
06 May 2024 at 13:30

ACCOUNTING JOURNAL ENTRY

DEAR EXPERTS
IF ANY ONE PAID PURCHASE BILL AMOUNT INSTEAD OF BUYER & AFTER THEN BUYER PAID FULL AMOUNT THAT PERSON WHAT SHOULD ENTRY PASS IN BOOKS OF ACCOUNTS IN BUYER.

Thank You

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Gaurav Kotwani

A Private Limited Company have Capital redemption Reserve in their Liabilities, in case of that Company do get converted into LLP. now in balancesheet capital redemption reserve will be shown as what.

Note:we do not want to issue bonus share from Capital redemption reserve and do not want to use it in any other way,

let us know the way of treatment of capital redemption reserve in case of conversion of company conversion to LLP.

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Daya
03 May 2024 at 17:30

Fraction of share

whether a company can issue Fraction of share in a share in India.
in the case of Jindal stainless steel Ltd. and Jindal stainless ( Hissar Ltd.)
In the case of merger or demerger.

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