In a BANK RECONCILIATION STATEMENT if suppose cheque has been issued but not presented in a bank in that situation what i have to do for the current month as well next month

Dear All, My client has purchased a foreign currency from Indian rupees. My query is where we will be accounted this transaction and under which head? Thanks in advance.

Sir is it mandatory to use indirect method of cash flow statement or can we use any method ? Which is better according to u ?

Can a CA final student apply for IFRS Certification? & What will be the cost,duration and job oppurtunities of such course. Further which one is better IFRS of ICAI or of ACCA or of some other. Please reply.

I am new accountant plz help me

please can any one clarify .....why can't we create deferred tax asset on MAT credit, as MAT credit is an asset which gives future economic benefits by way of tax savings..

for example I have purchased a material for rupees 80000 on credit on dates 15-11-16 now I paid on ACCOUNT payment to him on 20-11-16 of Rs. 17000 23-11-16 of Rs. 19000 25-11-16 of Rs. 20000 1-12-16 of Rs. 20000 4-12-16 of Rs.4000 should Department allow this expense or not Thanking you

I am giving small amount monthly to my receptionist for meeting daily expenses. she is passing two entries.kindly confirm is she right or wrong. At the time of Payment of expenses Expense A/c Dr. To Petty Cash Cr. 2) at the time she receives from me periodically to meet these expenses. Petty Cash Dr. To Cash Cr. kindly confirm.

Sir/Mam,What should be the treatment of preliminary exp. , provision for doubtful debt and other such items in balance sheet . Either we should adjust them or show in balance sheets?

Dear All, My query is on Profession Tax. if one employee is working in a company in full Financial year and drawing salary of Rs.15000/- per month. Due to felt sick so he was a absent for 10 days in months. For that month suppose, he got less salary less than 10000/- but more than 7500/- in 2 months. Can we deduct Prof. Tax 175/- instead of 200 in two months or pay 200/- Thanks in Advance