A sole trader run a business, and he takes every month fixed salary, he says this salary should not be affect in profit and loss a/c, he wants this salary transfer to his capital a/c, means he wants increased his capital - My question is as per the accounting system is it possible?
Our company is in manufacturing stage and we had paid advance payment to several suppliers for some construction purposes. As manufacturing stage I want to treat it as Capital work in progress.So kindly advise how can we pass the entries for the same.
Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me
adams a debtor for R600 had been declared insolvent and part of his debts has to be written off. The attorneys informed you that an amount of 25c in the rand will be paid and the rest must be written off
I have an S Corporation called Trend Foods Inc. I would
like to make a division of that company that services
computers and call that Trend Computer Service. I do not
want to set up another Corporation for Trend Computer
Service. Can I just make a division of Trend Foods and what
paperwork do I need to fill out to make that happen?
Thanks for the help,
Distinguish capital and revenue expenditure
Is it correct to covered fesibility report expenses and
survey expenses in pre-operative exepenses ?
What is the value of the Budget for 2009-10
i want the difference p&l a/c and Income and expediture
i have need full detail of tds rules and forms submitted
Accounting transactions are recorded in accordance with
thier legal form or substance. Briefly explain the legal
form and substance of the accounting transactions and give
one relevant example.
as muthoot finance is a finance co,so what would be pattern
of asking in relation to finance and a/c question?will it be
basic or general or it would be market related situation?plz
if help me anybody...
what is subscription order
wish u all the best for those who got
selected in sbi associate bank
is anyone from coimbatore region attending on 27th may 2009.
can you define
both terms are from economics
both are different from exogenous & endogenous variables.
I can not find the answers. please help if you can....
company accounts introduction?
I have a simple question in my mind that I have one head office that in faridabad and other branch in delhi,i purchase material in delhi for availing the tax benefit in delhi then i transfer the same material to head office(faribabad) agianst "F" form,i purchased material in delhi basic price rs. 5 +.42 taxes it comes rs. 5.42/-,my question is on which amount i should transfer the material from delhi to faridabad i.e 5,5.42 or 5 + freight(if any).kindly please solve my problem.