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Accounting AllOther (4595) I renders interior Services, consider one project cost Rs.500000/- Scenario 1 - Material purchased on my Firm Name Material - 300000 -300000 On party behalf Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit Scenario 2 - Material purchased by client Labour - 200000 -150000 My expenses for Labour Contracts Profit - 50000 My Profit In both Profit is same Rs. 50000/-. which is beneficial for me in terms of turnover or tax matters. and if I have to raise a bill to party as per both scenario, how it will affect bill and tax, where will I suffer loss?
1934sir if we make purchase and sale for the same pary for the same amount what adjusting entry have to be passed to close that entry in tally. while taking bill wise details we can see the dr. cr.and have to cancell that
2 8564My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
2081chq. of ICICI received from big jos of rs. 35000/- for credit sale bill no. S/01 andBill no. S/03
1 2934How can we create compound unit(eg:pkt of 10 nos) in Peachtree accounting software?if u know the answer,plz post it. by Libin kulamuttom
1 4567if the goods are purchased against H Form, is there any specified time limit winthin which they should be exported?; if yes then wat is that limit?
2 5388We are purchasing machinery from Mumbai supplier. Deliverable in Jamnagar & invoice is on our name (Maharashtra). Can we issue 'C' form?
4 7017
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, Jim
what is the nature of bill receivable and consignmenta/c
All Accounting Question Related Send Me ..
How can you made payment when bill come from vendor, what is the bills have you check.
in trading credit why does goods sent on consignment come?
OUR COMPANY IS ENGGAGED IN CONSTRUCTION ACTIVITY .WE ARE GOING TO PURCHASE EXACAVATOR MACHINE FROM THE INTERSTATE.WHETHER THE ABOVE PURCHASE COVERED BY ISSUING THE C FORM.
What is the procedure to become charted accountant in India now. Please answer this is urgent
Tell me by saying, perpetual or periodic inventory system; what do we mean?
What is definition of a cash float in accounting?
What is an interest rate swap
FROM WHERE I WILL GET PREVIOUS QUESTION PAPER OF JUNIOR ACCOUNTS OFFICER TEST OF B S N L
HOW TO CALCULATE ESI,P.F,VAT,I.TAX,EXCISE,C.S.T.REFUND CLAIM, E.T.C. IF YOU KNOW ANY OF THIS PLASE REPLY
if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.
What is revaluation of Accounts, how does it is accounted in business
I have transfered the goods in F-Form (i.e. from one state to another) but now the problem is when I have sold the material in the Local market say for 100+tax=100tax, some of the material got defective say 50+tax=50tax. We will have to issue F-form of how much ??? 100 or 50. Kindly send me the same to my mail address - u15326@rediffmail.com