Rent + Electricity Bill received by the tenant in cash.
For Example:- 10,000+2,500 = 12,500
What would be the entry in books of account of Owner
1.) Rent received in cash
2.) Electricity bill amount received in cash.
3.) Electricity bill paid by the owner from his bank account .(e-payment)
4.) Amount paid to the BSBE.
5.) How to settle all the related accounts.
Note:- Journal /Receipt/Payment Entry for the above to settle.
*Rent is the part of owner’s indirect income electricity bill is not.
Accounting charges
I am receiving Salary. Can I pay accounting charges to whom who prepare my account books.
Shop received as a way of gift
What will be the value of shop under Asset side if it is received by way of gift? Is capital gains tax applicable?
Answer now
Treatment of preliminary expenses
How to write-off preliminary expenses?
Some says in one time...
Some says in five years....
is there any legal requirement??
Pf contribution
If employees working in organization and his Basic salary Rs. 15000/- is capping and maximum PF deduction is 1800/-.in particular month if that person has 5 LWP in a month then what will be the treatment Rs.1800 will be deducted or as per no. of days.(Proportionate)
Salary and slips
My employer pays us salary by cash in hand, doesn't give on time, sometimes half salary, doesn't give salary slips too, now feared of not paying for next month when I want to quit.
I only have offer letter sent via email. No id cards, no proper documents except visiting cards.
What to do?
Income receivable
Dear All
Can a Firm provide service to another Firm of the same partners
Partnership firm
Can bank manager of private Ltd become a partner in partnership firm ??
Answer now
purchase
Sir kya m farmar se 50000 se upar cash purchase kar sakta hu please sir ans
Answer now
Credit balances of debtor
out of all debtors some have little amount as credit balance. My question is that when showing them in the balance sheet whether I should show adjusted amount as debtor or only debit balances as debtors and balance as advance received??
Answer now
- Should I include march foreign salary received in April in my income for FY 2023-24?
- Tax on capital gains revoked us 54f
- Refund of AY 22-23
- HSN Details in IFF/GSTR-1 & in GSTR 9
- Inventory of finished goods
- TDR receipts for agreement holder
- Sale of property furniture sale
- GST APPLICABILITY ON POLLUTION CHECK SERVICE
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- Company Incorporation - CA and directors signing from different states
- JOB WORK ITC 04
- MODEL FILLED AUDIT REPORT FOR TRUSTS IN FORM 10B
- 115TD on cancellation of 12A 80G Registration
- Point (III) 9 of GSTR-9C
- MIS MATCH OF INVOICE NUMBER
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- CASE INTIMATION OF LIABILITY UNDER SECTION 73(5)(Rule 142(1A)
Trending Online Classes
CAclubindia
Journal entry