This Query has 2 replies
Adjustment entry in the beginning of Financial Year
what are adjustment entry at the beginning of the Financial year to be made generally books of accounts.
This Query has 1 replies
Why term is used vendor instead of
why term is used vendor instead of Trade payable or Creditots in corporate.
This Query has 1 replies
What is meaning in LLP and Partnership firm
what is meaning in LLP and Partnership firm while preparing partner capital
Contribution
Drawing
Please reply.
This Query has 1 replies
Advance paid for capital expenses
Advance paid for capital expenses but some part paid is irrecoverable, after receving services or material.
what will be the treatment in accounts
This Query has 1 replies
Two wheeler parking shed constructed
Sir/Madam
Can you suggest me under which head it should be capitalized??
Under Building or office equipment head??
This Query has 8 replies
Passing of accounting entry
A four wheeler vehicle is registered in the name of Pvt. Ltd. Company 'X' and depreciation is claimed every year.
Due to some reasons the above vehicle underwent for repairs and maintenance and the invoice amount was Rs. 2.73 lacs and this invoice amount was paid through Bank transaction by another Pvt. Ltd. Company 'Y' due to shortage of funds in Pvt. Ltd. Company 'X' .
One of the Directors in both the Companies is the same person.
How to pass the entries in books of account for the above payment of Rs. 2.73 lacs in both the Companies .
Any implication as per Income Tax Act and in reporting.
Plz clarify.
This Query has 1 replies
Journal entry in the case of secured loan
How to make journal entry of secured loan in the case of company.
This Query has 1 replies
Why opening balance is matched while finalisation of balance sheet.
why opening balance is matched while finalisation of balance sheet.
This Query has 1 replies
Why maintained separately current and Fixed capital in LLP/partnership firm
why maintained separately current and fixed capital in partnership firm /LLP.
what is its benefit. please reply
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What is meaning of in accounts such as