sir i am working in a chartered accountants firm as a paid staff.I am very much confused about passing the entry of deferred tax asset/liability in the books. please guide me how the entry will be passed

one of our client took a place for rent for business premises.
the furnitures were already built in by the earlier tenant. this company purchase the same for 1 cr. where as the bill available for 70 Lacs only . can u please help me how i need to account the same. and on what amount i need to charge depriciation.

Good Morning everyone.
I have a Query Regarding Live tax paid on purchase of vehicle.
What is the Accounting treatment for the same , should it be capitalise or charged to revenue ?

In which report of tally, Dispatch Document No is available which I have entered while passing sales voucher. I require to export this report in excel / .csv / xml or even text file.

Please help me out.


Regards,
Martin

why preference shares can't be redeemed when they are partly paid up.why we have to convert first into fully paid up and then redeemed it.whats the logic behind that?

Hello Sir/s,

I want to learn Pay roll part and tax calculations can you plase help in this regard .could you please do the need full .



Thanks & Regards

Sathish

Dear Ones,

Please clarify me on the above subject with examples. You may please mark a copy to my personal email id chandrasekharmc@gmail.com.

Thanks & Regards

M.Chandrasekharan

Hi

I have a query regarding the Defered Tax calculation in case of business loss as per books of accounts and also business loss as per income tax.Also if there was DTL available (for the Previous years) can i reverse DTL.

Dear sir
can any one help me. My problem is our company has decided to make 5% provision for bad debts on debtors. So what will be the entry. I think
Bad debt (ind.exp in Tally) Dr 25000
To prov. For bad debts (s.debtors in Tally) Cr 25000
Then later if we have identify the bad debt amount only 15000. Then the entry
Prov.for bad debt Dr 15000
To Bad debts Cr 15000.
Is it correct? If not please rectify my two entry's.
It is an urgent request. Thanks in advance.

This doubt is in reference with Amalgamation and Treatment of Reserves, specifically while calculating purchase consideration pooling of interest method.

Issue:

When two companies amalgamate and we follow 'Pooling Interest Method', the difference between the amt recorded as share capital issued (by transferee)and share capital of transferor company is adjusted against the reserves available.

Doubt:

> What if the reserves are too less to adjust the difference amount?
> In which account head we should show 'Negative Reserve' (since we can't create 'Goodwill' under pooling of interest method)

Thanks.
-Shagun Borgaonkar