I have one doubt regarding Indirect method of preparing cashflow statementIn cashflow statement whenever in additional information it given as net profit for the year endedxx is ₹xx after providing depreciation we used to add back depreciation only while doing adjustments for non cash and non operating items for eg ques 7 of practice manual of Acc pg no: 2.33Now as per question no 10 of practice manual of Fm they have added profit by sale of fixed asset as well -ques no 10 pg no 3.67My doubt is if we are giving effect of non operating items such as profit / sale then why no treatment for other operating items for eg dividend payable given Is there printing error in solutions?
Answer nowSir, we have doing inter, intra, export sales. Vat Itc reversal formula, do eligible in gst
Answer nowSir,
How we will account Partners salary in tally....under which head? which ledger or groups are require for it....please guide me
Dear Sir,
Our Co. bought a New Machinery in Parts and its Assemble and Install at Factory. A bought a parts on different date. Please Suggest to how to its record in the books because if we record as in parts then inventory and Fixed assets both will creates and it show in balance sheet as current assets. And also please suggest treatment of tax liability.
is composition dealer liable to file gstr 3b ?
Answer nowDear Experts
If X receives goods from Y on 30 March 2017 but receives invoice on 4-Apr in respect thereof then how will accounting be done in books of both X and Y?
What will be the entries in two financial years involved?
regards
shivani
Can anyone please explain this Fully paid 8% preference shares of face value of Rs. 10,00,000 were redeemed at a premium of 3%.In this connection 60,000 equity shares of Rs. 10 each were issued at premium of Rs. 2 per share. The entire money being received with applications.
Answer nowAll dear sir i want to know what gst rate will be applicable in renting a motor cab if cost of fuel is borne by receipient ?
Answer nowdear sir i want to know we provide services to university institution and income tax office department , should we charge gst in this bill or not ?? kindly help .
Answer nowWhat is Non Corporate Entity? Please Mention any Example for Non Corporate Entity.
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Cash flow statement