What accounting entries are to be made when the goods are sold but significant risk and rewards are not transferred to the buyer(in transit)?
How to pass journal entry in the books of partners A/c
On 31st March Firm Make entry
Partners Capital Account Dr.
To Advance tax
in Partners Book can i pass journal entry on 31st March 2023.
Advance tax A/c Dr
to Partnership Firm A/c
What wll be the accounting treatment as AS of assets in Cash Basis and Accrual Basis of accounting
If a firm is going into loss so can it increase the value of WIP to bring it to profit and to which extent..?
Please help
Thanks in advance
Fixed cost of property how to maintained in books of accounts, and construction related GST Cost .
And One bank how to maintain in the books of partners.
whether cost of Land and Building should be mentioned in tally separately. For proper books of accounts .
Please reply why both should be separately mentioned in books of accounts.
We have puchase 10 laptops from vendor but by mistake he send us 11 laptops how we treat this in our books,please guide me
Hi, last year our client paid some amount. And we bymistkenly forgot to raise a bill against the same. Can wr raise it now?
Since we haven't paid ant GST on advances at those time, will it have negative impact now while raising bill?
Hello, Could anyone please help me on the below query
A proprietor took a loan for Commercial Vehicle Loan for business use from Cholamandalam Investment & Finance Co. Ltd. Yearly the interest happens to be around Rs.74912/-
Should we deduct TDS on the Interest paid to Cholamandalam?
Live class on PF & ESI Enrollment & Returns Filing(with recording)
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IND AS-115