Hello
A partnership firm open on 5 may 2016 and closed on 31st march 2017, but transaction in bank continue up to 5 may 2017, can we make a balance sheet up to 31st march are 5 may 2017, what should be closing bank balance.
thanking you
we purchased a digital signature so please suggest which type of expense, we have to treat this.
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What does this entry mean-
Audit Fee a/c Dr 5000
To Audit Fee Payable 5000
Hi,
While preparing financial statement of I was having a doubt in showing fees received and paid, I have shown first in receipt and payment account and again I getting confuse whether to fees received and paid in income and expenditure or in balance sheet
how to do accounting of builders and what tax aspects should be kept in mind during accounting for builders.
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Small proparatory company in that 4 employees TDS was deducted but not deposited to tax department.now the company has deposited the TDS. Does the company has to pay interest and fine on TDS or any solution . If fine and tax how much it will be ( TDS deposited 4000*12=48000 for each employee ) pls give your valuable input so that for employer it should not be burden now.
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Trade Receivables on 31st March, 2010 are Rs.1,05,000.Further bad debts are Rs 5,000Old provision for bad debts is Rs.4,000.Provision for doubtful debts is to be made on Trade Receivables 10 %What will be the amount of bad debts charged in Profit and Loss A/c after considering provisions for bad debts?
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Sir.Iam seeing branch Accounts firm in that dealer and subdealer maintained at H.O and branch.Suppose Debtors Amount received by HO for branch for sake if subdealer.What is the accounting entry in Ho and branch.plz clarify
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LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
CAclubindia
Balance sheet