Easy Office
Easy Office


Daya
21 April 2023 at 16:48

What is meaning of Ratio 1:10

What is meaning of bonus issued in the ratio of 1:1
1:10, and 1:2


PARVATHY R

In a going concern business, When started accounting in Tally ERP9 for first time, Whether the entry on the first day of financial year (i.e 1st April) for opening bank statement by debiting the bank a/c and crediting the capital a/c is correct way of accounting or simply creating bank ledger with opening balance and leaving the balance sheet as difference in opening balance on liability side is ok. What will be the entry for opening balance of bank statement? Please guide.


Daya

My Closing stock of shares on 31st March 2022 is 100.
My question is that during Fy 2022-23 Not purchased any shares.
my question is that my closing stock on 31st March 2023 is More than 100 shares
what will be the reason of No. of increased shares on 31st March.


Prapti
19 April 2023 at 12:05

Service firm accounts

Hello all, If a service firm receives advances in march 2023 which is the ending month for FY 2022-23 but the actual work will be start in the month of April. Where this revenue should be recognized?
If recognized in the month where it is received, then where it needs to be shown in this year's balance sheet?
Also what would be treatment for advances in march and april month?


Mahesh Jadhav

Hello,

I have received a professional service amounting to INR 25,545/- excluding GST on it.

Invoice total is INR 30,143/-.

My question is this Invoice liable for tds deduction under section 94J.


Daya

What is Method of valuation of shares for calculation of LTCG and STCG.
What is Valuation of Shares according to Accounting standard.


Durgaletchumi Radha
15 April 2023 at 16:33

Sweep transaction Enquiry

Hi how to record the sweep transaction for the money in company account that got transferred out . And what is the explanation for the journal


pardeep jindal
13 April 2023 at 15:31

IND AS Applicability-NBFC

if Net worth of a NBFC crosses 250 cr in FY 22-23 then first Ind AS balance sheet will be prepared for FY 22-23 or 1 year extension in available ??


vijay

If an asset ( Laptop ) of INR 30,000 is procured and put to use on 31st March 2019 and has been depreciated @ 63.16 % per year ( useful value of 3 Years ) and as on 31st March 2022 its value is INR 1,500 Can it still be depreciated in FY 22-23 ??


Faheemuddin Mohammad
09 April 2023 at 21:32

Fixed Deposit Account Type

Is fixed deposit a Real account or Personal account ?