If We Are Purchase Any Service For Ex. Agency Charges From
Creditors & Give Or Sale The Same To Debtors; Then How I
Open Agency Charges Ledger? What Is The Grouping Of It?
Is It Purchase A/c. Or Sales A/c.? And If Its Purchase A/c.
Then How I Enter It In Debtors A/c.
Or Should I Make Two Different Ledgers With Two Groupings
Purchase One And Sales One?
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per
month.After serving 3 yrs ,they started business of their
own in partnership,contributing Rs200000(expected life 10
yrs,bought spare parts worth Rs 33000 from Kundu on
credit.Office supplies were purchased for cash.Initially
they were very busy in conducting their business operations
but by the end of the 1st year,31/12/2005 they were
disappointed when they found their bank balances.Following
is the summary of their bank statement.
Receipts: Share Capital Rs 250000
Collections from Customers 412000
Payments: Equipment 200000
Salaries of Assistants 88000
Rent advance for 2 yrs 96000
On-year ins. Policy on equipment 12000
Office stationery 27000
Payment to Kundu 29000
Withdrawals of Ganesh 90000
Withdrawals of Gopal 90000
Closing balance c/d 30000
Total : 6,62,000
Still amount receivable from customers for services to them
amounted to Rs 30,000 & closing balance of office stationery
is Rs2000,spare parts Rs2600 were utilised by the end of the
year .Prepare trial balance with the available information
and show total.
Also what is the net profit.
Is interest of a business unit Operating Expense or Non
What is a Goods Receipt
what is the actual use of pure agent in tally erp 9 and why
we use in tally .and what is the role of pure agent
What is the rate of penalty charged when the given Vat
What elements of your job do you find most difficult
We did promotion activity for X co that co is our client
( S Dr) which we sold tickets through our vendor through
out north india ... But those vendors adjusted cash with
thir bill and remaining balance we received ,, Ticket
amount we paid from our co Bank A/c to our client
(S Dr) .the amount is too huge so how can i sort out this
in books of acconts ..............
HOW CAN TAKE THE MAXIMUM GRAUITY (EX RS.3.5 LAC)
please send me last 3 years question & solution
1.an Asset costs $ 10,000 and has a net book value of $ 100,
and an estimated life of ten (10) years, what would be the
annual depreciation using the straight line method?
Can u please give me example of bonds? is National savings
certificate a Bond?
What is the Project Accounting in case of Real Estate or
Construction Co`s ?
What is budget variance analysis?
Hai iam a VAT Registered dealer am a manufacturer and am going
to sell my products to unregistered dealers i can pay d 4%
vat.. how can i make my bill format for this
email@example.com. anybdy kno means pls mail me.
hello,dear any body give me mis report format.
my email :firstname.lastname@example.org
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?