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I have Purchase a Jewellery on Comapany Name ( Pvt Ltd ) and can we claim the depreciation. How to account it.. Plz Suggest...
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Hello,
From where can I get the various main and sub heads of accounts.
Thanks
This Query has 1 replies
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Dear Experts,
Can any one tell me what is the Life of Resistance Welding Machine Rs. 2,954,070 for calculating depreciation.
Thank you
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Recording GRIPS transactions
GRIPS Over the counter payment takes transaction+2 days for confirmation in GRIPS portal, although bank got debited on the date of transaction itself. In this case what is the formal apporach to record the transaction as expense in the books of account of the firm? 1. on transaction date. 2. confirmation date.
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What will be the entry if a sole proprietor purchase a fixed asset for the firm with his Bajaj Finance card. Please advice
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Abc Company purchased goods from Supplier A & Payment made by Credit Card.
Than will be entry
Dr. Purchase A/c
Cr. Credit Card
But My Question is Credit card which under group
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Fixed asset purchased using bajaj Finance Card
Proprietor Purchased a laptop using his bajaj Finance Card for his firm. and the EMI will deducted from his personal account. what will be the journal entry? and can avail the itc
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How to record in tally
Company purchased goods worth ₹ 2000. And payment done by staff, not from the company's current account. Now tell me how to record in tally
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Can a Limited company give unsecured loan?
Dear Experts,
Can a Limited company give unsecured loan? if yes
Can it give loan to Individuals / Pvt. Ltd. Companies / Directors ?
This Query has 1 replies
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