Suraj Mishra
23 January 2024 at 15:28

Account Head for Publication charges

Sir,
We conducted one study of Engineering Services and our study paper was published in one of e-Journal. We paid for publication charges. What will be the Account Head for Publication charges?
Thanks


Deepak Gupta

I have purchased a Tool/Die for production of Customer parts. Normally Customer is paying the cost of Tool upfront and it is property of Customer.
Here Customer is paying Tool/Die cost via amortisation in part price ( i.e., Cost of Tool Rs 10 Lacs, Part price settled Rs 10/Pcs, Tool cost amortised on 10 Lacs parts as Rs 1 per part, Customer PO of parts sale now Rs 10 +1 = 11/- till 10 Lacs parts). Tool ownership will be Customer only as he is paying the cost.

Please suggest the accounting of the same.


Student

If a school has incurred expenditure on photography on various functions such as annual function, some event. some promotional work etc then under which head it will be debited ? Please inform.


Pavan Kumar
17 January 2024 at 13:04

Opening of cooperative society account

One co-operative society registered under karnataka co-operative society act 1959

Is it mandatory to obtain permission from co-operative department for opening the account in a nationalised bank?


ntatirwa
16 January 2024 at 21:58

Cash flow statement presentation

What are the treatments of prepayment and advance payment in cash flow statements for the entity under IFRS? and what about the presentation in the balance sheet under IFRS? Also considers another set of FS.


James Henry

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ramya
12 January 2024 at 13:39

ACCOUNTS TALLY ENTRY REG-

SCHOOL VAN FINE AMOUNT COMES UNDER WHAT LEDGER IN TALLY


Shreegovind
11 January 2024 at 18:20

TDS limit and applicability

Dear Sir,

I am working private limited company and our company is trader work, hence for business running purposes our owner issue gift like watch, ornament ect. and our legal adviser suggested expenses book under sales & marketing expenses,
please guide us if we booked under sale & marketing "TDS will not applicable or not" yes kindly suggest %.


Ajay Mishra
10 January 2024 at 20:43

Individual current account

May I use my individual current account for daily domestic needs payments( like vegetables clothes ration purchases)including my business transactions? I am a small business owner in a small town .


Ravuri Monisha

Hi
Anybody has a project cost and financial projections workings to make a decision on Takeover of another university and construction of Building.






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