what will be the accounting treatment of Trade discount and cash discount for
Discount Given
Discount Received
whether discount given should be part of other expenses
discount received should be part of indirect income.
please reply

How to make Journal entry of pre-operative expenses and deffer-ed revenue expenses ( what would be the accounting group)
if expenses for Total preoperative expenses = Rs.50,00,000
if Expenses for Total deffer-ed revenue expenses =Rs. 10 Crore for 5 Years.

Dear CA Club Team,
I took multiple Letter of Credit (LC), Bank Guarntee (BG) from multiple Bank as well as i took an Cash credit limit (CC) approx 2Cr for full fill our company working capital limit and also i have to submit the Stock Statement with the Bank but i have an issue in front of me How LC and BG impact on my Monthly Drawing power(DP) Because Stock + Debtors-Creditors but Creditors and debtors will be depending on the LC & BG based. How can i resolve for it Kindly Give me some Resolution and practical aspect and example while i could be used in my business secnerio Please share with me the suitable example whose covered Drawing power (DP), CC Limit, LC, BG etc.
Please

How to make any party sales reco or purchase reco.please reply.

How to make journal entry for shares purchased in non listed company
when Paid Rs. 10 Cr. on dated 12/12/24
and when to alloted of shares how to make journal entry and also which date share alloted how to know.

In previous year if we book expense as fixed assets how can we rectify in the current year? How can we book expense in income statement whole of fixed assets wrongly booked in previous year? ( also in the case of small remaining amount of fixed asset like Rs.350) Neither we can show 100% depreciation nor we can show it as disposal. If you have any solution please advice. Thanks in advance

what will be the adjusted from Capital account, specially in the case of Company , LLP and proprietorship firm..

what will be the treatment in the case of individual books
when only single single ledger is maintained , then no issue but
when Fixed or current capital maintained,
the how to make adjustment of profit /Loss or other transaction,

Freight Inward for RM Purchase
Freight outward for RM purchase return
Freight outward for Sales outward
Freight Inward for sales return,
My question is whether Freight inward and outward for purchase of Raw material under Direct Expense Freight Expenses
For sales outward and inward keep under Freight for sales under indirect Expenses.
is correct way to maintain books of accounts.

whether Journal entry in the case of individual can be passed while maintain his books of accounts
for LLP TDS, , TCS Advance Tax and self Assessment Tax

Firm Expenses Dr
To LLP A/c
and in the case of Tax Refund
LLP A/c Dr
To Firm Expenses
Is correct way to accounting.