self balancing ledger
This query is : Open
30 June 2016
what is the treatment of "reserves for doubtful debts" .
11 July 2016
To be ignored as it does not affect debtors a/c.
05 August 2016
sir , i have a doubt in amalgamation i.e.
"why purchasing co. debited goodwill a/c in his book when he pays the liquidation expense of the vendor company"
06 August 2016
Payment made over & above the value of net assets is debited to goodwill. This is an 'extra' payment so same treatment. If cap. Res. Was created on purchase then exps are debited to this a/c as capital profit on purchase is reduced due to this payment.
06 August 2016
thank you , sir
12 August 2016
sir. what is the benefit of paying gift by cheque
13 August 2016
Donor gets no benefit. The receiver can show it as source of income where it is taxable.
22 August 2016
sir, if an individual transfer goods from its one shop to its another shop in the same state for sale purpose , is he liable to charge VAT on such transfer
23 August 2016
No, VAT is not payable for such transfer.
19 July 2017
greetings of the day sir ,
what is the difference b/w "point of sale " & "point of supply " ?
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- GST on export of services and Input Credit
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Tds on building rent monthly
- GST ON EXPORT COMMISSION
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- Confusion around Form 26QB fields
- Adjustment entry in the case of Individual and HUF on 31st March
- Stock difference tax applicable on composite rate or normal rate
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
Trending Online Classes
CAclubindia
