Accounts QnA - Page No 63

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Daya

01 October 2023 at 14:05

Calculation of cost of material consumed and changes in inventory

how to calculate cost of material consumed and changes in inventory as per schedule III , while preparing profit and loss account and balance sheet.

Daya

01 October 2023 at 00:32

Treatment of manufacturing exp. and sales exp.

accounting treatment of manufacturing expenses is called direct exp.
sales related expenses is called indirect exp.

Daya

01 October 2023 at 00:21

Accounting treatment of written back

what is written back and what is treatment in accounting.

Daya

01 October 2023 at 00:02

Accounting treatment of income tax refund for LLP

what is journal entry of income tax refund .
whether income tax refund ( Total refund Minus Interest income on income tax refund) should be distributed among partners according to profit sharing ratio.

Daya

30 September 2023 at 23:56

Treatment of opening and closing stock

Treatment of opening stock and Closing stock
In profit and loss account and balance sheet while preparing profit and loss and balance sheet.

Nand lal Pandey

30 September 2023 at 15:19

TDS for Charges on Verification and Stamping of Weighbridge

Hello,

Please guide as on we are paying the amount of Rs. 60000/- for Verification & Stamping of Weigh Bridge is there TDS applicable. If yes then what should be the Rate and Section.

Thanks,

Abbas Ali Bohra

30 September 2023 at 10:17

Amount Received and Paid on behalf of us

Our company is new established and due to no bank account amount is paid and received by old company on behalf of us how to treat in our and their books of accounts also.

Rahul Jain

27 September 2023 at 16:42

Inventory accounting of finished good

What accounting entries need to be passed for finished good for agricultural produce. Most expenses related to produce like fertilizer, seed and administration overhead that are directly linked to produce cannot be computed because of the complex nature of organization.