If we encounter a balance during finalization resulting from rounding off or writing off, to which account should it be transferred?
Purchase of an assets is an event..... In which case?
Purchase of an assets is a transaction..... In which case??
Changes Heading and subheading of accounting group and expenses in Profit and Loss accounts and Balance sheet as per scheduled III
Like Please mention the name of accounts
Can I booked last month invoice bill in April-2024? Incase if i mentioned lastmonth date and posted in current month then what are the issues are happened?
Dear Experts,
We have private limited company. We have two Bank Accounts. We dont have much investments. I want to calculate idle cash availability in bank accounts so that I can place FD. Please guide how to calculate idle cash.
I am using Honda Amaze car very rarely at home or outside. Now the total maintenance expenses for the year 2023-24 have accumulated to Rs 60,000. How to write off this amount against the vehicle value? Because of minimum usage, I am not applying depreciation amount to my car.
Please advise.
Thanks and Regards.
I have Purchase a Jewellery on Comapany Name ( Pvt Ltd ) and can we claim the depreciation. How to account it.. Plz Suggest...
Hello,
From where can I get the various main and sub heads of accounts.
Thanks
Dear Experts,
Can any one tell me what is the Life of Resistance Welding Machine Rs. 2,954,070 for calculating depreciation.
Thank you
GRIPS Over the counter payment takes transaction+2 days for confirmation in GRIPS portal, although bank got debited on the date of transaction itself. In this case what is the formal apporach to record the transaction as expense in the books of account of the firm? 1. on transaction date. 2. confirmation date.
Live class on PF & ESI Enrollment & Returns Filing(with recording)
If there is a balance from rounding off or writing off during the finalization of accounts, which ac