if in purchase invoice,
total : 600000
(+) freight advance: 10000
grand total : 610000
then , that 610000 should be the purchases or only 600000 will come in P/L ??
Siir,please tell me how to account for news paper printing press such news paper sold via agencies and of on station stall by our vendorand purchase
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if freight is not passed to buyer ... then that freight will be included in purchases or not??
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Dear Sir/ Madam
What are the things to be kept in mind while preparing :
1. Projected Profit & Loss and Balance Sheet
2. Estimated profit & Loss and Balance sheet
Thank you
BIKASH RAI
What in case Gst input is higher than Gst out..... How can we claim....
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Sir /Madam, any body help me to pass GST payable out - input gst payable entry in Tally
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Dear ExpertMy question is I paid loan processing fees for loan. Can adjust that fees in monthly instalments.
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Dear all,
As per AS 2 - interest and other borrowing cost are usually excluded from inventory cost. Since LC charges (bank charges) are not part of interest or borrowing cost can it be included in the cost of inventory ?
Considering the following, can it be included in the cost of inventories.
1. LC charges as administrative OH and since it contributes in bringing in the inventory to their present location.
2. LC is incurred (to the extent) to bring in the inventories to their present location
Please help to clarify on this.
Thank you
Dear Sir,
I am planning to recruit a person for my firm for the post of senior accountant.
I wanted to know what is the industry salary rate going on in a mid size accounting firm for hiring a senior accountant position in mumbai assuming the person has complete knowledge of preparing balance sheets of companies and audit.
Regards,
Divyesh Jain
Hello sir
How much saw unsucured loan partner farm
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Freight inward