what is meaning in LLP and Partnership firm while preparing partner capital
Contribution
Drawing
Please reply.
Advance paid for capital expenses
Advance paid for capital expenses but some part paid is irrecoverable, after receving services or material.
what will be the treatment in accounts
Two wheeler parking shed constructed
Sir/Madam
Can you suggest me under which head it should be capitalized??
Under Building or office equipment head??
Passing of accounting entry
A four wheeler vehicle is registered in the name of Pvt. Ltd. Company 'X' and depreciation is claimed every year.
Due to some reasons the above vehicle underwent for repairs and maintenance and the invoice amount was Rs. 2.73 lacs and this invoice amount was paid through Bank transaction by another Pvt. Ltd. Company 'Y' due to shortage of funds in Pvt. Ltd. Company 'X' .
One of the Directors in both the Companies is the same person.
How to pass the entries in books of account for the above payment of Rs. 2.73 lacs in both the Companies .
Any implication as per Income Tax Act and in reporting.
Plz clarify.
Journal entry in the case of secured loan
How to make journal entry of secured loan in the case of company.
Why opening balance is matched while finalisation of balance sheet.
why opening balance is matched while finalisation of balance sheet.
Why maintained separately current and Fixed capital in LLP/partnership firm
why maintained separately current and fixed capital in partnership firm /LLP.
what is its benefit. please reply
What is capital contribution in Case of LLP/ partnership firm
what is capital contribution in case of LLP/partnership firm,Please reply
In the case of individual books how to maintain books when partner in LLP/partnership firm
what will be the treatment in the case of individual books
when only single single ledger is maintained , then no issue but
when Fixed or current capital maintained,
the how to make adjustment of profit /Loss or other transaction,
Adjustment with Fixed or current Capital in LLP/partnership firm
whether loss /profit is adjusted with current capital or fixed capital,
in the case of LLP
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What is meaning in LLP and Partnership firm