WHAT IS MEAN BY RA BILLS IN CONSTRUCTION ACCOUNT AND HOW IT IS ACCOUNTED IN BOOKS...??
Answer nowCan a proprietor pay salary to his wife from Proprietorship firm ?
Does he need to club it in annual return or can file a separate return for his wife?
I have completed my chartered accountancy course in 2013 , now I m in USA along with my husband on h4 visa ( dependent) . I could not work here so I am planning for hiegher studies to upgrade myself . I need your suggestions as soon as possible becoz I want to utilise this time and I have planned to stay in USA for 2 year
Answer nowHi,
I'm Working as a Financial Analyst in a 6 years old partnership firm. There are 7 partners who was shared their profit for last 5 years in the proposed ratio which they agreed . It's an architectural firm. Every partners are involving in project works. Here 2 or 3 partners earning much than the others.So for the past 5 years those earning partners are contributing more money for the office development than others. Now they felt that the partners who are contributing less money for office development are also enjoying the whole benefits. They reported me about this issue and asked me for some plans to change sharing system. Please give me a suggession for this issue. Is it possible to share profits against the ratio which is agreed in deed?
We have manufacturing unit in punjab & purchased Boiler from Delhi @ 120000.00 agst. C form with 2% cst.
My Q. is what will be accounting entry for the same as i wants to show it in purchase ( for getting C form from sales tax department) & in fixed assets also ( to charged Depreciation )
Kindly Help.
Sir,
I have received Cheque of Rs.43315=95 after deducting 10% TDS. I want to know on which amount this cheque amount get. Any formula for this calculation or reverse calculation method?
Waiting for your reply.
Thanks.
Pravin.
Hello sir,
Suppose a company has taken loan of Rs.3600000,
[A] co. receive Rs. 3400000 through bank:
Bank Dr. 3400000
To Bank loan 3400000
[B] Advance EMI Deducted by bank
Bank loan A/c Dr. 150000
To Bank Loan 150000
[C] Stamp duty[expense of company] directly paid by bank
Stamp Duty Dr. 50000
To Bank loan 50000
Bank Loan Dr. 50000
To ?????? 50000
Now which account should i credit to settle loan account ??
thanx.
Pl. let me know below entities are related party as per AS 18? Pl. explain also
Company A Holds 99 percent equity share in Company B. Company A holds 40 percent equity share in Company C.
Whether B and C Related Party as per AS18?
if company issues shares on 18 April 2013 for f.y 1.4.13 to 31.3.14 then for how many months such shares are calculated as outstanding shares in eps as per as 20?
Answer now
Certification Course on GSTR-3B Reconciliation with GSTR-2B through AI Tools
Ra bills