I have trial balance in excel exported from tally erp 9 version, now would like to make balance sheet. Please let me know the process in detail.
Answer nowCan company can adopt different method of depriciation for diffrent block of assets i.e for computer, Furniture etc
Answer nowdear all the experts solve it
as per sec40a(3) any payment exceeding 20000rs is not allowable.
but sir have paid 30000 salary in cash p.m to my employee so can i paid 30000 by two installment of cash payment says 15000.p.m
if a minor child receiving fixed deposit income which is to be clubbed with her father's income,then how we will pass the journal entry in the books of her father ??
Answer nowI recently saw a problem in Tulsian's book. Where the debentures can be redeemed in cash or equity shares of Rs 10. Total 9% debentures = Rs 250000 The result is given as: Debentureholders ac 257500 Dr. To cash ac Rs 107500 To Equity share capital Rs 30000 To securities premium Rs 120000 My question is, how can it be redeemed against securities premium ac?
Answer nowplease provide me the correct treatment of computer accessories in balances sheet and discloser part for the same
other example buy monitor usb, mouse purchase separtely
We have purchased a Fixed Asset on FY 2013-14 for Rs.22000/- ( Laptop ).
In that year it is used for 233 days and depreciation is charged @ 40% for Rs.5618/-.
Now the opening Balance as on 01.04.2014 is Rs. 16382/-
So now as per companies act 2013 what is the correct amount of depreciation to be charges for financial year 2014-15.
What is Deferred Tax ?
Please help...
In Balance sheet, if some of Debtors have Credit balance instead of Debit balance, then where to show this Debtors?
On Assest side with (-) from other debtors OR On Libility side as Advance from customers?
Dear Sirs, pls explain what is bank guarantee and its purpose.Thanks in advance...!
Answer now
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Balance sheet