I have a questions regarding booking transaction.
what is I want to loan my company 10k
transaction will be recorded as follows
"CASH" 10k debit
"Payable to partner" 10K as credit.
So when I used company debit card for my personal use can I book this as a loan repayment?
which means I will have to Debit account " Payable to Partner and credit "Cash"
My balance sheet is tallied. But there is a difference of
RO 1 in cash flow. How to adjust ?
certificate of export is for which items?
we have purchased Poly Covers ( 360mm x 560mm)for raw
material use.This Input vat claim it or not ?
can a bank po work in any type of bank such as idbi
bank,hdfc,hsbc please tell me
What's the accounting entry when an Invoice is created in
Income Tax Department sends cheque for INR 2 Crore as
Refund after completion of Assessment for A.Y.2011 - 2012
to a Company. As per IT Return filed for this year I.T.
due to Government was INR 60 Lac but was assessed at INR
70 Lac. TDS due to Company was INR 3 Crore which was
admitted as INR 2.7 Crore by Government. Government also
adjusts Tax dues for A.Y. 2009 - 2010 of INR 40 Lac which
was disputed earlier by the Company and Appeal was lying
with the CIT. Government pays Interest to the Company
amounting to INR 40 Lac. Provision for Income Tax made by
the Company in its accounts for F.Y. 2010 - 2011 (A.Y.
2011 - 2012) was INR 50 Lac. What would be the Journal
Entry at the time of receipt of Refund of INR 2 Crore
from the Government in A.Y. 2014 - 2015 in the books of
what is t code of gr/ir report?
Are woollen Blankets (Rugs) taxable under CST ? Can
unregistered party sell it.
Why not we must to created Provision & Reserve?
And if we're not to recognized what the effect will be?
what r journal entry transaction
Treatment of Government grant and its utilization in P
Sir i want to ask that if the salary above 6500/- than also